Haulotte: 10% decline in nine-month sales
(CercleFinance.com) - Haulotte Group has announced sales of €145 million for the third quarter of 2024, down 12% on the same period of the previous year, for a cumulative total of €509 million to end September, down 10%.
The aerial work platform specialist points out that, over the first nine months of the year, its machine sales and rental business fell by 12% and 6% respectively, while its services business continued to grow by 5%.
Against this backdrop of continuing uncertainty, Haulotte forecasts a decline in sales of close to 10% for 2024, but expects to post an annual recurring operating margin in excess of 5% of sales (excluding foreign exchange gains and losses).
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