Haulotte Group Sales Jump 24 Percent in 2010

Buoyed by the gradual return to investment by major U.S. rental companies and the dynamism of emerging markets, the 2010 market for powered access platforms found a positive dynamic, with volume growth in excess of 30 percent, Haulotte Group announced this week. Net sales for full-year 2010 were €250 million (about U.S. $348.7 million), a 24-percent increase compared to €202 million in 2009.

The company’s operating income for full-year 2010 was € -46.6 million (U.S. $-64.9 million) compared with € -63.4 million for full-year 2009, an improvement of 26 percent.

The company expects comparable growth in 2011 and expects to return to operational balance.

Haulotte Group is headquartered in L’Horme, France.

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