Haulotte Group: 2018 First Quarter Sales of €139.7 Million an Increase of 9% (at constant exchange rates) Compared to 2017
April 17 2018 - 11:45AM
Business Wire
Regulatory News:
Haulotte Group (Paris:PIG):
2018 Quarter 1
Activity
All change %’s presented hereafter at constant exchange
rates.
In the 1st quarter of 2018 Haulotte Group achieved consolidated
sales of € 139.7 million, against € 133.3 million for the same
period of the previous year, representing an increase of +9%.
The Group's good commercial activity in the first quarter
continued to be driven by the dynamism of the European market,
where sales grew by 9%, and by the strong performance achieved in
Asia-Pacific, where sales grew by 20%, mainly due to China and the
Middle East.
In line with previous quarters, sales in North America continued
to grow in Aerial Work Platform sales (+5%), while scaffolding
activity is still experiencing difficulties (-10%). Overall, sales
in this zone were down slightly (-1%).
The recovery observed in Latin America was confirmed and enabled
the Group to post sales growth of 5%.
Overall, equipment sales were up 10% compared with the first
quarter of 2017. Services posted growth of 4%, while rental
activities were down slightly (-1%).
2018 Outlook
This first quarter of activity allows Haulotte Group to confirm
at this stage its sales growth forecast of around 10% for the 2018
financial year.
Upcoming events:General
meeting: 29 May 20182018 HY results: 11 September 2018
Codes : ISIN : FR0000066755- BLOOMBERG : PIG FP
- REUTER : PYHE . PAEuronext Paris Compartiment B – Indices :
CACSwww.haulotte.com
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