Haulotte 1Q Earnings Up 37%

April 20, 2007
L’Horme, France-based Haulotte Group last week announced first-quarter 2007 turnover of €144.2 million (about U.S. $196.1 million) compared with €105.3 million (about U.S. $143.2 million) in Q1 2006.

L’Horme, France-based Haulotte Group last week announced first-quarter 2007 turnover of €144.2 million (about U.S. $196.1 million) compared with €105.3 million (about U.S. $143.2 million) in Q1 2006.

The geographic and sector-based spread of sales reported no significant changes compared to the same period in 2006, with Europe representing 91 percent of consolidated turnover, and machine sales of 84 percent.

The company also revised its projected 2007 annual revenue upward 20 to 25 percent, noting that buoyant activity in the first quarter and a 50-percent plus rise in orders at the end of March confirm the positive outlook on all its markets.

Haulotte is a supplier of aerial work platforms. Haulotte U.S. is based in Hanover, Md.