Haulotte Group today announced first-quarter 2013 revenue of €84.5 million (about U.S. $110.7 million), a 5-percent decrease compared to €89 million for the same period of 2012. Equipment sales were down 5 percent representing a consistent weight of 78.6 percent of total revenue.
The company reported service activities and rental business were also down -4 percent and -7 percent respectively, compared to the year-ago quarter. Sales growth in the dynamic markets of Latin America (42 percent) and Asia-Pacific (15 percent) did not offset the decline in Europe (-11 percent) and North America (-23 percent).
Despite a soft first quarter, Haulotte managing director Alexandre Saubot told journalists at Bauma, he is strongly optimistic about the company’s prospects for growth in 2013 and going forward.
Haulotte Group is based in L’Horme, France.
