Haulotte Gains Sales Momentum

October 18, 2007 • Haulotte Group, L'Horme, France, reports consolidated sales of U.S. $192.5 million in the third quarter of 2007, up from $156.2 million in the same period last year.

As a result, sales of the first nine months increased 29 percent to $635.9 million (versus $494.8 million for the equivalent prior year period). The breakdown by region and business segment remained broadly stable compared to 2006, with contributions from outside Europe gaining one point following the opening of new sales subsidiaries.

 

Based on sustained growth in order intake at the end of September of more than 50 percent and robust sales anticipated for the fourth quarter, the company maintains guidance for full-year sales growth approaching 25 percent with a net margin close to 12 percent.