Report
Emmanuel Matot

Manitou : Redressement impressionnant des marges en 2023 – Vers une stabilisation du CA en 2024 et la poursuite d’investissements très soutenus

>Croissance toujours à 2 chiffres du CA au T4 – Poursuite de l’écoulement d’un carnet de commandes très profond - Manitou a publié hier soir son CA au titre du T4 2023. La croissance des ventes reste à 2 chiffres (+11%) et dépasse la guidance (+6% attendu par les dirigeants), bien qu’en ralentissement par rapport aux trimestres précédents du fait des bases de comparaison de plus en plus difficiles (rappel T1 = +48%, T2 = +21% et T3 = +14%). Le groupe continu...
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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