Fourth quarter revenue € 82.2 million
Total 306.9 250.0 + 23 %
Fourth quarter activity
Haulotte Group generated quarter four 2011 consolidated sales of € 82.2 million compared with
€ 72.5 million in the same period last year, an increase of 13%. Overall, the second half of the year was 17% up on 2010. The business remained relatively strong at the end of the year, despite
uncertainties in the macroeconomic environment. 2011 consolidated revenue is € 307 million
compared to € 250 million in 2010, an increase of 23%; all sectors were up reflecting the strong
momentum from the rental business.
Sales grew in all geographic areas between 2010 and 2011. Latin America experienced sales growth of 77%, and Asia 48%. Europe, which accounts for two thirds of sales, increased by 19%. In the US activity grew by only 5% in a market where the key players have reinvested significantly in 2011.
The activity level over the second half of 2011 should allow the Haulotte Group to be above operating breakeven point over this period.