Haulotte Posts Single-Digit Revenue Hike in First Half of 2026
Haulotte reported €276 million in total revenue for the first half of 2026 compared to €264 in the first half of 2025, a 4.5-percent increase. Equipment sales increased from €215 million in the first half of 2025 to €234 million in the first half of 2026, an 8.8-percent increase. Rental sales dropped from €12 million in the first half last year to €8 million, a 33-percent dip. Services revenue also declined from €37 million to €34 million, an 8.1-percent decline.
Despite an uncertain economic and geopolitical environment, the global mobile elevating work platform market performed better than anticipated in the first half of the year, confirming the positive trend that emerged early in the year. In this context, supported by an 18-percent increase in activity during the second quarter, Haulotte reported a 7-percent increase in consolidated first-half revenue to €276 million, driven by strong growth in equipment sales volumes.
In line with the quarterly revenue release, Haulotte continued to grow across the majority of European markets in which Haulotte operates, posting a 19-percent increase in the first half. Haulotte suffered 13-percent decline in Asia Pacific sales, impacted by the conflict in the Middle East. After a first quarter below the prior year level, North America delivered a stronger second quarter across all its activities, resulting in slight growth of 1 percent for the first half. Finally, in a less favorable market environment than in other regions, Latin America recorded a 24-percent decline over the period.
Haulotte posted current operating income of +€8 million (excluding foreign exchange gains and losses), representing a current operating margin of +2.9 person of revenue. This represents an improvement of +€6 million compared with 2025, driven by significant growth in sales volumes, effective control of production costs and continued optimization of the Group’s fixed cost base.
The group’s net result is a loss of -€9 million which represents -3.1 percent of sales, improving compared with 2025. Net income was primarily impacted by financial expenses related to the group’s debt and a particularly high tax expense following a €10.3 million tax reassessment at one of its subsidiaries, a decision strongly disputed by the Haulotte Group.
Net debt remains stable
The group’s net debt (excl. guarantees) remained broadly stable at €205 million (+€4 million over the period).
In addition, a waiver request with respect to compliance with bank ratios for the June 2026 period was submitted to all lenders and was accepted by the majority as of June 30, 2026.
Despite limited visibility and a still uncertain global environment, Haulotte still expects to achieve sales growth of at least 5 percent in 2026, enabling the Group to return to positive current operating margin close to the level reported in the first half of 2026.
