System Lift, the German association of independent rental companies, has reported increased revenues and fleet sizes in 2020.
The revenues reported through the association rose nine percent to €267.3 million in 2020 resulting in a dividend of €350 per share providing each System Lift partner company with a payment of €7,000. Overall, more than €69.5 million was spent by members on new aerial work platforms, forklifts and telehandlers in 2020, taking the total fleet size to 20,000.
The association also reported a one percent increase in training, with a significant rise in e-learning helping counteract a fall in classroom based training, due to Covid-related restrictions. This year, the company expects to achieve a 10 percent growth in classroom based training and a further 80 percent in e-learning.
System Lift currently has a total of 80 members operating from 140 locations predominantly throughout Germany, but also in the Netherlands, Luxembourg, Switzerland, Austria, Poland and Turkey.