HAULOTTE GROUP (EPA:PIG) - Haulotte : 2020 First Quarter Sales
Transparency directive : regulatory news
14/04/2020 17:45
Click here to download pdf version
HAULOTTE: FIRST QUARTER SALESFinancial Information
L'Horme, April 14, 2020
2020 First quarter sales of EUR132.9 million*, down -19% compared with 2019,
already negatively impacted by COVID-19.
2020 Quarter 1 Activity
*The amounts and changes presented in the title and below are at constant
exchange rates, excluding the application of IAS29 (Argentine hyperinflation).
Haulotte recorded revenues of EUR132.9 million in the first quarter of 2020,
compared to EUR163.2 million in the same period last year (which had been a
record first quarter in the Group's history), representing a -19% drop between
the two periods, and marking a return to the 2018 level.
In a European market that confirms its slowdown observed in the second half of
2019 and was further impacted by the COVID-19 crisis from beginning of March,
Haulotte's cumulative sales were down -23% between the two periods, negatively
impacted by Southern Europe, the zone most affected by the pandemic.
In Asia-Pacific, where all markets are in sharp decline, the Group reported a
-13% drop in sales for the quarter compared to the same period in 2019.
In North America, the Group experienced a limited decline in sales of -2% in
the first quarter of 2020 compared to the same period of the previous year,
with aerial work platforms activity even showing growth of +10%, in a market
that is nonetheless in decline.
In Latin America, the vast majority of markets continue to decline, with the
exception of Brazil, which is still on the rise. In this context, sales in this
area decreased by -25% compared to the same period last year.
At the end of the first quarter of 2020, equipment sales were however down -20%
compared to the first quarter of 2019, rental activity was down -22% and
service activity was down -8%.
2020 Outlook
Given the uncertainties regarding the duration and extent of the health crisis
related to COVID-19, Haulotte has decided to suspend, at this stage, its
financial guidance for the year 2020 and will communicate new elements as soon
as conditions allow. The Group has already taken all the necessary measures to
best manage the first consequences of this unprecedented crisis and enable
Haulotte to calmly address its next steps.
Upcoming events
General meeting: May 26, 2020
2020 HY results: September 8, 2020
CONTACTS
Alexandre SAUBOT Carine Ploton
Tél. : +33 (0)4 77 29 94 86 Tél. : +33 (0)4 77 29 94 86
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
HAULOTTE GROUP's latest news
19/03/2024 17:50
13/02/2024 17:45
13/11/2023 17:45
24/10/2023 17:40
12/09/2023 17:45
26/05/2023 17:45
25/04/2023 17:45
22/03/2023 17:45
14/02/2023 17:45
18/10/2022 17:45
Other stories
16/04/2024 01:56
15/04/2024 23:51
16/04/2024 06:39
15/04/2024 21:24
Sobbing Rust armourer gets maximum sentence of 18 months for fatal shooting on set - The Independent
16/04/2024 07:58
16/04/2024 04:54
16/04/2024 07:35
M25 and M26 chaos after three-vehicle crash with traffic backing up on M20 - live - Evening Standard
15/04/2024 22:07
16/04/2024 07:00
15/04/2024 22:03
16/04/2024 00:07
16/04/2024 09:30
16/04/2024 08:22
16/04/2024 07:00
16/04/2024 08:22
16/04/2024 05:55
15/04/2024 14:58
16/04/2024 08:22
15/04/2024 16:08
16/04/2024 00:00
15/04/2024 15:00
16/04/2024 08:46
15/04/2024 13:30
16/04/2024 06:01
15/04/2024 16:40
16/04/2024 03:42
16/04/2024 07:48
16/04/2024 08:26
16/04/2024 05:00
15/04/2024 19:00
16/04/2024 09:05
16/04/2024 07:15
15/04/2024 22:37
15/04/2024 16:00
15/04/2024 23:54
16/04/2024 02:53
15/04/2024 16:45
15/04/2024 09:58