Haulotte’s Sales Jump 10.5 Percent in First Nine Months of 2016

Haulotte’s consolidated sales of €343.4 million (about U.S. $377 million) for the first nine months of 2016 is a 10.5-percent increase compared to €310.8 million for the same period a year ago.

Michael Roth

Oct. 18, 2016

Haulotte posted a strong increase in Europe so far in 2016.

Haulotte’s consolidated sales of €343.4 million (about U.S. $377 million) for the first nine months of 2016 is a 10.5-percent increase compared to €310.8 million for the same period a year ago.

In the third quarter, Haulotte Group’s sales were €104 million, about the same as the third quarter of 2015.

Excluding currency effects, Haulotte did well in Europe with a 30-percent increase, driven by the recovery of investment expenditure of rental companies. Haulotte’s sales in Asia grew 7 percent so far this year. On the down side, North America and Latin America activity was soft for Haulotte, declining 13 percent and 11 percent respectively compared to the first nine months of 2015. Third quarter results essentially were similar to the first two quarters in both regions.

Haulotte Group still expects an overall sales increase of about 5 percent in 2016.

The company is based in L’Horme, France, with U.S. headquarters in Virginia Beach, Va.

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.