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Haulotte Group — Earnings Release 2014
Feb 10, 2015
1395_iss_2015-02-10_bc782423-8fd2-4498-83ff-8edb6b2c75dd.pdf
Earnings Release
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Financial Information L'Horme, 11 February 2015
20% increase in sales between 2013 and 2014
| Total | 412.6 | 342.7 | + 20% |
|---|---|---|---|
| Services | 40.6 | 36.1 | + 13 % |
| Location | 23.0 | 22.2 | + 4 % |
| Equipment sales | 349.0 | 284.4 | + 23 % |
| Revenue by business line in € million (*) | YTD Dec 2014 | YTD Dec 2013 | change |
(*)data restated for the sale of the UK rental business completed in June 2013
2014 Quarter 4 Activity:
Haulotte Group generated consolidated sales of € 97.2 million in the fourth quarter versus € 85.6 million in 2013, an increase of 8%. Full year consolidated sales were € 412.6 million against € 342.7 million in 2013, an increase of 20% between the two periods.
Growth remains strong in all areas, + 33% in Asia-Pacific, + 29% in Europe, and + 28% in North America; the exception is Latin America, down -25% in the year.
Service activity shows a significant increase throughout the year (+13% overall in 2014), which seems to confirm the high utilisation rates for Haulotte machines in the fleets of our rental business customers.
Excluding FX gains & losses and the sale of the UK rental business, the Haulotte Group expects final 2014 EBIT to be at the same level as reported at the half year.
Outlook:
Despite the macro-economic, financial and geopolitical environment remaining very uncertain, the need for fleet renewal in our rental business customers, particularly in Europe, remains very real. This should allow Haulotte Group to show sales growth of close to 5% in 2015.
Upcoming event:
2014 Annual Results: 11 March 2015
CONTACTS Alexandre SAUBOT Carine Ploton Tél. : +33 (0)4 77 29 94 86 Tél. : +33 (0)4 77 29 94 86
[email protected] [email protected]
Codes : ISIN : FR0000066755- BLOOMBERG : PIG FP - REUTER : PYHE . PA Euronext Paris Compartiment B – Indices : CACS www.haulotte.com