Haulotte’s First Quarter is its Best in 10 Years

For the first quarter of 2019, Haulotte Group achieved its best quarter activity in the past 10 years, with consolidated sales of €163.2 million compared with €137.5 million for the same period the previous year, an increase of 18.7 percent.

Michael Roth

April 21, 2019

2 min read

Haulotte39s HA61 Le Pro in action — Haulotte's HA61 Le Pro in action.

In North America, revenue grew 20 percent, driven by a sharp rebound in scaffolding activity. The aerial work platforms business grew 4 percent, in a market that was slightly down at the beginning of the year.

In Europe, with slight regional market growth, Haulotte Group continued to increase sales, with a 20-percent increase, driven by improvements in most countries, except Great Britain, Haulotte said.

Haulotte continued its momentum from previous quarters in Latin America, enabling it to post a 21 percent increase in sales, driven mainly by Brazil.

However, the Asia-Pacific region experienced a more contrasting situation, down by 3 percent, affected by a slowdown in the Middle East and more particularly in Turkey, offset by the increase in activity observed in Australia.

Overall, equipment sales activity was up 19 percent compared with the first quarter of 2018. Services activity grew by 4 percent and the rental business by 10 percent (Haulotte operates a rental business in several markets).

This good start to the year allows Haulotte Group to confirm its sales growth forecast of around 10 percent for 2019.

About the Author

Michael Roth

Editor

Michael Roth has covered the equipment rental industry full time for RER since 1989 and has served as the magazine’s editor in chief since 1994. He has nearly 30 years experience as a professional journalist. Roth has visited hundreds of rental centers and industry manufacturers, written hundreds of feature stories for RER and thousands of news stories for the magazine and its electronic newsletter RER Reports. Roth has interviewed leading executives for most of the industry’s largest rental companies and manufacturers as well as hundreds of smaller independent companies. He has visited with and reported on rental companies and manufacturers in Europe, Central America and Asia as well as Mexico, Canada and the United States. Roth was co-founder of RER Reports, the industry’s first weekly newsletter, which began as a fax newsletter in 1996, and later became an online newsletter. Roth has spoken at conventions sponsored by the American Rental Association, Associated Equipment Distributors, California Rental Association and other industry events and has spoken before industry groups in several countries. He lives and works in Los Angeles when he’s not traveling to cover industry events.