Report
Emmanuel Matot

Manitou : Forte contraction du CA au T1 et toujours pas de guidance pour 2020

>Forte contraction du CA T1 – Toutes les divisions et zones géographiques en retrait - Manitou a publié hier soir son CA T1. Il s’inscrit sans surprise en forte baisse de 25% à 421 M€ (ODDO BHF = 392 M€), du fait d’une base de comparaison particulièrement élevée (rappel T1 19 = +22%) et des premiers impacts de la crise sanitaire mondiale (manque à gagner de l’ordre de 20 M€ par rapport au budget initial).Toutes les divisions et zones géographiques sont en retrait...
Underlying
Manitou BF SA

Manitou BF is active on the global market for material handling. Co. divides its activities into three divisions: Rough Terrain Handling (RTH) where Co. assembles and distributes rough terrain handling equipment such as masted forklift trucks and fixed and rotating telescopic forklift trucks; Industrial Material Handling (IMH) where Co. designs and distributes semi-industrial masted forklift trucks; industrial forklift trucks; truck-mounted forklifts; and Compact Equipment (CE) where Co. designs, assembles and distributes skid steer loaders, telescopic forklift trucks, articulated loaders and mini excavators. Co.'s brands include Manitou®, Gehl®, Mustang®, Loc®, Edge®.

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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