HAULOTTE GROUP (EPA:PIG) - Haulotte: 2021 Third Quarter Sales
Transparency directive : regulatory news
19/10/2021 17:45
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HAULOTTE : Third Quarter Sales
Financial Information Lorette, October 19, 2021
Revenue by business line - excl. IAS 29 - in EUR millions
YTD Sep 2021 YTD Sep 2020 Var %
Equipment sales 302,8 283,2 +7%
Rental sales 12,3 9,3 +32%
Services 40,2 32,6 +23%
Total 355,3 325,1 +9%
The changes presented below are at constant exchange rates, excluding the
application of IAS29 (Argentine hyperinflation)
2021 Quarter 3 Activity:
In a global market that is recovering strongly in all zones, but remains
constrained by component supply difficulties, Haulotte recorded consolidated
sales of EUR 112.1 million in the third quarter of 2021, up +9% compared to the
same period last year.
At the end of September 2021, sales amounted to EUR 355.3 million compared to
EUR 325.1 million last year, an increase of +11% between the two periods.
In Europe, the Group recorded sales growth of +7% for the first nine months of
the year.
In Asia-Pacific, Haulotte achieved, in the third quarter, its best performance
of the year, but still posted cumulative sales decrease of -12%.
In North America, the trend observed in the first half of the year continued
into Q3, enabling Haulotte to record a +38% increase in sales for all its
activities. Growth in this region continues to be driven by the aerial work
platform sales, up +46%.
In Latin America, the improvement in the situation is confirmed, enabling
Haulotte to post a +57% increase in its cumulative sales, in line with that
posted for the first half of 2021.
At the end of September 2021, equipment sales increased by +8%, rental activity
by +41% and finally service activities by +24%.
2021 Outlook:
The continuation of the excellent sales momentum has enabled Haulotte to
consolidate its historic order book level for the Group. However, given the
confirmation of supply difficulties and strong price increase in components,
the Group confirms its forecast of sales growth by more than +15% compared to
2020 and its objective of a current operating margin (excluding foreign
exchange gains and losses) between 3% and 4% of revenue.
Upcoming event:
2021 Annual Sales: February 15, 2022
CONTACTS
Alexandre SAUBOT Carine Ploton
Tél. : +33 (0)6 81 44 35 66 Tél. : +33 (0)6 81 44 35 66
relation-investisseurs@haulotte.com relation-investisseurs@haulotte.com
haulotte.com
Codes : ISIN : FR0000066755- BLOOMBERG : PIG FP - REUTER : PYHE.PA
Euronext Paris Compartiment B - Indices : CACS