Haulotte : No miracle, a lot of damage from COVID
>Interim results unsurprisingly dented by COVID-19, revenues down across regions, net profit back in negative territory - Haulotte reported its H1 results yesterday evening. They contained no major surprises compared to our expectations, hard hit by the COVID-19 crisis.Revenues plunged 35% (-50% in Q2 after -19% in Q1) and the decline was amplified by a high comparison base (record revenues in H1 19). No region was spared (Latin America -47%, Europe -39%, North ...Haulotte Group manufactures and sells machines for use in building/public works and industrial markets. Co. specializes in people and material lifting equipment. It also operates in rental market for this equipment. Co.'s offering includes access equipment, telehandlers, earth moving equipments, system and utility scaffolds, event staging and seating. Its activities can be divided into three segments: the manufacture and sale of lifting equipment, the rental of lifting equipment, and services (spare parts, repairs and financing). Co. operates geographically in Europe, North America, South America and Asia/Pacific.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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