Report
Emmanuel Matot

Haulotte : No major surprises in the Q4 2023 publication

>Q4 sales still dynamic although a shade below our forecasts and showing a slowdown vs previous quarters - Yesterday evening, Haulotte reported its Q4 2023 sales. They remained dynamic (+13% organic at € 199m), although a shade below our forecasts (€ 210m) and showing a slowdown vs the previous quarters (9M +35%).For the full year 2023, organic sales growth stood at +28% (vs guidance +25-30%), driven by volumes and prices (North America +75%, Latin America +26%,...
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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