Haulotte : No major surprises in the Q3 2024 publication
>Q3 sales close to our expectations and in line with the H1 trend - Yesterday evening, Haulotte reported its Q3 2024 sales. Organic sales fell by 12% to € 145m, close to our expectations (ODDO BHF = € 150m) and in line with H1 (-10%).Business trends remain very difficult in Europe (-20% over 9M vs -21% in H1), Asia-Pacific is sinking (-17% over 9M vs -11% in H1) and North America is disappointing after several half-years of sustained growth (+3% over 9M vs +9% in...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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