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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Haulotte Group Ord | EU:PIG | Euronext | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.03 | -0.99% | 3.00 | 3.00 | 3.03 | 3.02 | 2.99 | 3.02 | 3,201 | 16:40:00 |
Regulatory News:
Haulotte Group (Paris:PIG):
Revenue by business line in € million (*) YTD Dec 2017YTD Dec 2016
change Equipment Sales 431.9 382.9 13% Equipment Rental 28.6 25.9 10% Services 49.5 49.0 1% Total 510.0 457.8 11%2017 Quarter 4 Activity:
Haulotte Group generated consolidated sales of € 139.3 million in the fourth quarter of 2017 versus € 114.4 million the previous year, a significant increase by +22% compared with the previous year and by +31% compared to the previous quarter.
Full year consolidated sales in 2017 were € 510.0 million against € 457.8 million in 2016, an increase of +12% across the year at constant exchange rates.
The commercial dynamism of the European zone was confirmed in most markets, enabling Haulotte Group to post annual sales growth of + 19% in this region.Asia-Pacific ended the year with revenue growth of + 7.5% (at constant exchange rate), thanks to a sharp rebound in Q4 sales in the Middle East and Asia.In North America, sales of aerial work platforms rose by + 21% over the period, confirming the strengthening of the Group's position in this market. The drop in scaffolding sales observed during the year (-25%) prevents Haulotte Group from posting revenue growth in this region.Finally, despite a slump in the Mexican market; the sales in Latin America rose by + 6% (at constant exchange rates) a sign of improvement in other markets.
On a year-on-year basis, all of the Group's activities delivered growth at constant exchange rates, especially in Equipment sales (+13%) and Rental activity (+16%).
Outlook:
Driven by a well-oriented commercial activity on all markets and an increase in the order book, Haulotte Group expects to post sales growth close to 10% in 2018.
Upcoming event:Annual Results: 13 March 2018
Codes : ISIN : FR0000066755- BLOOMBERG : PIG FP - REUTER : PYHE . PAEuronext Paris Compartiment B – Indices : CACSwww.haulotte.com
View source version on businesswire.com: http://www.businesswire.com/news/home/20180213006177/en/
Haulotte Group
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