Haulotte sees growth return to global lifting

Haulotte, the global manufacturer of people and material lifting equipment, reported growth across its business in 2016 and expressed an optimistic view of the market for 2017 at CONEXPO-CON/AGG.
March 10, 2017 Read time: 1 min

712 Haulotte, the global manufacturer of people and material lifting equipment, reported growth across its business in 2016 and expressed an optimistic view of the market for 2017 at CONEXPO-CON/AGG.

Company revenues for 2016 were €457.8 million, representing a 3% growth in equipment and rental sales, and 10% growth in the company's financial services arm.

Overall, the global market for lifting equipment was stable in 2016, with growth in North America and Europe balancing the decline in Latin America and the Middle East. “We have seen a return of investment by rental companies, especially in Europe,” says Alexandre Saubot, chief operating officer of the company.

He added that the company's forecast for the market in 2017 was positive overall, with continued recovery in the US and Europe expected. The Middle East also shows signs of improvement, with China and Asia-Pacific looking good. There is a consensus that the market in Latin America has bottomed out and should return to growth by 2018, he says.

For more information on companies in this article

Related Content

  • Terex Cranes sees 10% growth in strong corporate Q2 in 2018
    August 2, 2018
    Despite global supply chain challenges, sales for Terex Cranes grew 10% to $335 million in the second quarter this year. Terex Corporation also reported an overall strong second quarter 2018 sales of US$1.4 billion, up 19% versus Q2 2017, with increased sales and backlog in all three business segments. The company said that results were driven by its ongoing corporate Execute to Win business strategy and during a period of broad-based growth. The company said that the global cranes market is generally
    Read More
  • Wacker Neuson improves Q3 earnings in despite challenges
    November 14, 2016
    Light and compact equipment manufacturer Wacker Neuson Group saw revenue and earnings for the third quarter of 2016 increase relative to 2015. The company said that seen over a nine-month period, revenue remained at the prior-year level, balancing out the drop in earnings experienced during the first half of the year only partly. Despite adverse market factors, including ongoing crises in many emerging markets and key industries such as the agricultural sector, the oil and gas industry and mining, gro
    Read More
  • European equipment sales up 15% in 2017, according to the CECE
    March 16, 2018
    European construction sales grew by 15% in 2017, according to the Annual Economic Report 2018* from the CECE - Committee for European Construction Equipment. After a very strong first quarter, growth slowed down in the second quarter, before taking off again in Q3 and Q4. Current levels of sales are on par with the levels seen in 2006 and 2008, but the industry is still 20% below the 2007 peak.
    Read More
  • Wacker Neuson bullish with strong results
    May 8, 2019
    The Wacker Neuson Group reports a strong financial performance for the first quarter of 2019. The firm’s results reveal a double-digit rise in revenue to €434.6 million, a gain of 17%. The company saw even higher growth of profit before interest and tax (EBIT) growth to reach €30.2 million, a jump of 31%. Meanwhile the firm’s EBIT margin improved to 6.9%, a gain of 0.7%. “This strong start to the year sees us continue the dynamic pace of growth from the fourth quarter of 2018. Demand for our products and
    Read More

Highlighted Content