11.03.2014

Haulotte returns to profit

Haulotte has turned a loss of €6.7 million in 2012 into a net profit of €1.1 million - excluding the €8 million gain it made on the sale of UK Platforms - for 2013.
The company also cut net debt from €102.2 million at the end of 2012 to €41.6 million by the end of 2013 - see: Earlier revenue report.

The company has also repeated its earlier forecast of increasing its revenues by a further 10 percent in 2014 to around €377 million. Thanks to a recovery in the European market boosting order intake in the first quarter. The company has yet to publish its full annual report.