15.03.2017

Profit slump at Haulotte

Haulotte has reported its full year results with revenues up three percent to €457.8 million, while net profit after tax dropped 16 percent to €23.3 million.

The fall is due to competitive pressures in Europe, where the company saw most of its growth last year and exchange rate issues particularly with the UK. Product mix was also not advantageous.
Click here to see revenue breakdowns etc…. reported in February