20.03.2025
Profit soars at Haulotte
Haulotte has announced its full year 2024 financial results, following the release of its sales results in February.
To recap the headline sales numbers:
Full year sales
New equipment sales €536 million -20%
Rental €21 million -11%
Parts & services €77 million +9%
Total €634 million -17%
Click here for the sales revenues report
Financial result
Pre-tax profits soared from €1 million in 2023 to €19 million in 2024 in spite of the lower sales numbers, thanks to massive drop in the costs of sales, “mainly due to the impact of passing on increases in cost prices and an improvement in component prices.” As well as lower exchange losses or write offs.
Net debt was reduced by almost 17 percent to €200 million, due to an improvement in free cash flow, and a reduction in working capital.
bigPoisson
Thanks for anti dumping