Haulotte Reports Strong Increase in Third Quarter Sales | Construction News

For the third quarter of 2014, Haulotte Group reported a continued positive sales trend. The company reached consolidated sales of € 113 million ($143 million USD), an increase of 39% compared to 2013.

Cumulatively, sales amount to € 319.9 million ($405 million USD) versus € 257.2 million ($325.6 million USD) at the end of September 2013, an increase of 24% between the two periods (+26% at constant exchange rates).

Sales continued to make significant progress in Europe (+36% at end-September) driven by rental fleet renewal, in Asia Pacific (+37%) and in North America (+28%). Latin America (-27%) confirms the downward trend observed during the first half of the year. 
 
Service revenue growth also continued at the same pace as seen in the first half, delivering growth of 18% at end-September 2014.
 
Looking forward, Haulotte Group expects an annual growth in sales of close to 20%.
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