14.09.2026

Sales boost for Haulotte

Haulotte has published its first half results, which show a solid pickup in new machine sales and a sharp reduction in losses.

Overall revenues for the six months to the end of June improved five percent over the same period last year to €276 million, following a 27 percent crash in the same period last year. The revenues were made up as follows:

Half Year
New equipment sales €234 million +9%
Rental €8 million -27%
Parts & services €34 million -8%
Total €276 million +5%

Sales across Europe continued to improve in most markets, improving 19 percent in the first half, all of which was offset by a 13 percent fall in the Asia-Pacific region, partly impacted by the conflict in the Middle East, along with a 24 percent decline in South and Central America.

North America, on the other hand, saw last year's plummeting sales turn into an increase of one percent this year.

Financial result
The company reported a pre-tax loss of €1.39 million in the first half, compared to a €7.2 million loss last year, thanks to the higher volumes, coupled with tight control on production costs. Offset by higher debt costs and tax reassessment, which the company is disputing.

Net debt was relatively stable edging up two percent to €205 million.

Second half outlook
Haulotte says that in spite of limited visibility and a still uncertain global environment, it should be able to achieve sales growth of at least five percent this year, with a return to a positive current bottom line.

Vertikal Comment

This is certainly more positive news compared to this time last year, with the upward trend gaining further pace in the second quarter. It is possible that the Americas will bounce back a little in the second half, but some of this is likely to be offset by ongoing challenges in the Middle East.

As we have said before, the company has a good range of modern products, which should stand it in good stead, but it seems to be squeezed between bounce-backs from Genie and JLG, stronger competition from MEC, especially in the USA, and the Chinese manufacturers everywhere else.

The next 12 months will be interesting ones for Haulotte.