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

  • Wacker Neuson Group sees revenue rise 12% for 2014
    March 16, 2015
    International light and compact equipment manufacturer Wacker Neuson Group achieved record results for 2014 across most key performance indicators, the company reports. The group met its increased profit and the revenue forecast, despite challenging market conditions. Group revenue increased 11% to a record €1.28 billion, up from €1.16 billion in 2013 and in line with the company’s forecast. “Adjusted by currency effects, this corresponds to a growth of 12%,” a company statement said. Business in Central Eu
    Read More
  • Caterpillar reports slight sales dip for full year 2014
    February 16, 2015
    Global construction equipment manufacturer Caterpillar reported full-year 2014 sales $55.184 billion, down from $55.656 billion in 2013. Caterpillar also reported fourth-quarter 2014 sales of $14.244 billion, again slightly down at 1% from $14.402 billion in the fourth quarter of 2013. The results and a continued weak to modest improvement has dampened Caterpillar’s expectation of increased sales for 2015, likely to be around $50 billion. “Overall, we had many positives and a better year in 2014 than 2013,”
    Read More
  • Changing face of global construction industry
    February 28, 2012
    David CA Phillips reports on the changing structure of the global construction equipment industry. In 2007, the year of peak historical demand and before the onset of the international financial crisis, estimated total sales of key equipment types stood at just over 1,000,000 units, valued at approximately US$100 billion. By 2009 sales had fallen to around 600,000 units valued at around $65 billion. The consequences of the global financial recession were dramatic and immediate, and remain with us today, and
    Read More
  • Wacker Neuson reports strong performance for second quarter
    August 8, 2017
    Compact machine specialist Wacker Neuson says that its financial results show a strong second quarter for 2017 as well as an improved outlook for 2017 as a whole. The firm says that profitability improved and has now raised its revenue forecast for the current fiscal year. The Wacker Neuson Group reported record revenue of €425.2 million for the second quarter of 2017, compared with €381.4 million for the same period in 2016. At €46.7 million, profit before interest and tax (EBIT) jumped a healthy 41 % comp
    Read More

Highlighted Content