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Haulotte Group Earnings Release 2015

Feb 17, 2016

1395_iss_2016-02-17_e7f774be-de21-4045-a41e-fdc1de7ee4fa.pdf

Earnings Release

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Financial Information L'Horme, 16 February 2016

Sales increase by 8% between 2014 and 2015

Total 445.3 412.6 + 8%
Services 45.1 40.6 + 11 %
Equipment Rental 25.3 23.0 + 10 %
Equipment Sales 374.9 349.0 + 7 %
Revenue by business line in € million (*) YTD Dec 2015 YTD Dec 2014 change

2015 Quarter 4 Activity:

Haulotte Group generated consolidated sales of € 134.5 million in the fourth quarter versus € 92.7 million in 2014, an increase of 45%.

Full year consolidated sales were € 445.3 million against € 412.6 million in 2014, an increase of 8% across the two periods (stable at constant exchange rates).

Excluding FX movements, the Groups cumulative sales are driven by a strong sales performance in North America (+ 32%), which has just completed its best two quarters of activity; and in Asia Pacific (+ 27%), which despite the slowdown of the Chinese economy, political tensions in the Middle East and developments in oil prices, is still dynamic in the AWP market. In Europe, the waitand-see attitude of major rental companies remains a reality (-12%), despite a last dynamic quarter; and Latin America remains in a difficult situation (-24%).

Rental activity is stable over the year, but Service confirms its growth throughout the year (+ 5% for the full year).

Based on these levels of activity, Haulotte Group confirms its ability to achieve an operating margin rate (excluding FX gains & losses) close to that achieved in 2014.

Outlook:

Driven by buoyant commercial activity at the beginning of the year, mainly in Europe, Haulotte Group expects to show sales growth of close to 5% in 2016.

Upcoming event: 2015 FY results: 8 March 2016

Contact 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