Mobile elevating work platform manufacturer Haulotte posted €243.2 million in revenue for the first half of 2021, an increase of 9 percent compared to €222.7 million in the first half of 2020. Equipment sales totaled €208.8 million compared to €195.6 million, a 7-percent hop. Rental sales increased 18 percent from €6.8 million a year ago to €8 million this year. Service revenue was €26.4 million compared to €20.3 million in the first half of 2020.
The global aerial market is recovering strongly in most regions but remains constrained by difficulties in sourcing of components. In the strongly growing North American market, the group’s half-year sales were up 39 percent across all its activities, with sales of aerial work platforms up 48 percent during the period.
In Europe group sales grew 9 percent year over year. In Asia-Pacific, half-year sales declined 18 percent in the first half compared to the first half of 2020. In Latin America, despite a still uncertain environment, Haulotte’s business grew 57 percent compared to the first half of 2020, driven by almost all markets.
Driven by sustained sales momentum in most markets, Haulotte currently has a historic backlog. Penalized by supply difficulties and a hike in component prices, the impact of which is expected to be felt more in the second half of the year. Still, Haulotte forecasts sales growth of more than 15 percent compared to 2020.