Report
Emmanuel Matot

Haulotte : Publication S1 mitigée mais ne remettant pas en cause les objectifs 2018

>Des résultats S1 mitigés au niveau opérationnel – Poursuite d’une bonne dynamique de l’activité mais pression sur les marges - Haulotte a publié hier soir ses résultats au titre du S1 18. Par rapport à nos attentes :Aucune surprise n’est constatée sur le CA (290 M€ vs Oddo BHF = 291 M€) dont la croissance s’établit à +10% (+13% hors change). Après un T1 décevant (+5%), le T2 s’est avéré plus dynamique (+14%) et témoigne d’un marché porteur sur toutes les zones (...
Underlying
Haulotte Group SA

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.

Provider
Oddo BHF
Oddo BHF

​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.

Analysts
Emmanuel Matot

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