08.03.2016

Profits slip at Haulotte

Haulotte has issued details of its 2015 bottom line result, having published its revenues earlier in the year. See Strong fourth quarter for Haulotte

While revenues increased eight percent to €445.3 million, cost increases towards the end of the year - related to the dollar exchange rate - hit profits, resulting in a four percent fall in net profit to €27.7 million. The company has not yet published its full accounts so we cannot compare any other profit & loss numbers at this stage. Net debt increased just over nine percent to €68.3 million.

The company says that a strong start to the year, particularly in Europe , indicates that it will achieve five percent revenue growth in 2016.