French Q1 sales of equipment hit record levels

Sales of construction equipment in France are at the highest levels ever observed in the country, according to CISMA, the French trade association. In the first quarter of 2019 six new records were set. Compared with Q1 2018, the market is up 10%. This performance can be explained by the rise in sales to rental companies of nearly 13%, notes CISMA. The mobile elevating work platform sales reached a peak of 3,545 units in the quarter – highest ever, beating the previously best years of 2000-2001 an
May 22, 2019 Read time: 3 mins
Q1 2019 sets new historical quarterly records | Source: Cisma
Sales of construction equipment in France are at the highest levels ever observed in the country, according to CISMA, the French trade association.


In the first quarter of 2019 six new records were set.

Compared with Q1 2018, the market is up 10%. This performance can be explained by the rise in sales to rental companies of nearly 13%, notes CISMA.

The mobile elevating work platform sales reached a peak of 3,545 units in the quarter – highest ever, beating the previously best years of 2000-2001 and 2007-2008.

Sales of compact earthmoving equipment increased by 14% overall compared to the same period a year ago. This performance can be explained by the strength of sales to rental companies (+32%) but also by the good performance of sales to other businesses, excluding rental – this was up 4%.

The mini crawler excavators rose by just over 10% with 3,910 units sold. Sales of crawler excavators from 6-12tonnes saw a significant growth of 18%. Wheel loaders of 5500kg and under rose by 23%. Sales of compact loaders jumped by 59% in Q1 this year compared to Q1 2018.

Sales of telehandlers sales for construction and industry grew overall by 42% compared to the first quarter of 2018. Sales to rental companies rose sharply.

Reasons for the rise appear to be the continually improving French civil engineering sector is still improving with the Greater Paris project among the work that is boosting the market. Activity is driven by local government investment spending, private investment and ongoing infrastructure projects. Among these are the French high-speed broadband plan and the French motorway plan.

The current activity in the building sector remains also strong. The level of order bookings is high, and is currently estimated to be at around six and a half months.

Above all, renters remain very active and explain a significant part of the performance observed in the first quarter.

However, it should be noted that the “fiscal measure of exceptional deduction” whereby companies can claim exceptional depreciation of capital goods (asserts) against taxes to be paid ended in April.

CISMA is a Paris-based trade association for companies in France that produce and sell equipment for construction as well as the steel industry and handling sector. It also includes component suppliers. CISMA represents the interests of its 200 members - SME, SMI and subsidiaries of international groups - that employ around 31,000 people in France. These businesses export 58% of their production and generate nearly €9 billion in annual revenue.

Finance & Funding

Related Content

  • US machine manufacturers hit hard by global downturn in construction
    November 30, 2015
    The latest report from the US-based Association of Equipment Manufacturers, AEM, makes for sobering reading. For the first six months of 2015, US exports of construction equipment dropped by 17% compared with the same period in 2014. The US manufacturers have been hit doubly, first by a tough international market and secondly by the high value of the US Dollar.
    Read More
  • Wacker Neuson reports strong Q3 performance
    November 12, 2013
    Compact equipment manufacturer Wacker Neuson reports an upturn in its business in the third quarter of 2013. This comes despite the difficult economic climate. The firm’s revenue for the third quarter of 2013 was 8.6% higher than the same period in 2012 and reached €276.3 million, compared €254.5 million in the previous year. Taking into account currency fluctuations, this represents an increase of 13% according to the firm. “When viewed against negative trends in certain markets, we can be satisfied with t
    Read More
  • Palfinger sees revenue rise more than 14% in first half 2015
    August 5, 2015
    The Palfinger Group recorded revenue up by 14.1% to €606.2 million in the first six months of 2015, a new half-year record. Palfinger, a maker of loader cranes, marine cranes, wind cranes and container handling systems, noted that earnings grew more strongly than revenue. Earnings before interest and taxes rose by 29.6% to €53.7 million. The consolidated net result for the first half of 2015 was €34.6 million, 40.6% higher than the previous year's level. "We have been increasingly successful on internatio
    Read More
  • Contractor Strabag reports strong performance
    April 30, 2013
    Austrian contractor STRABAG reports healthy earnings before interest and taxes (EBIT) of €207 million in 2012. This figure beats the firm’s own expectations and the expectations of the market. Net income after minorities stood at €61 million, showing an expected considerable decrease of 66.67% compared to the year before. “An output volume of €14 billion in 2012 – that’s nothing to complain about. With €13.2 billion, the end-of-the-year order backlog is also nearly exactly at the pre-crisis level of 2008, s
    Read More

Highlighted Content