Report
Emmanuel Matot

Manitou : S1 2020 lourdement impacté par la crise sanitaire et S2 encore plus difficile

>Résultats S1 en forte baisse mais moins mauvais que prévu – Lourds impacts de la crise sanitaire COVID-19 - Manitou a publié hier soir ses résultats S1 2020. S’ils ressortent supérieurs à nos attentes, ils n’en restent pas moins lourdement impactés par la crise sanitaire (d’autant que la base de comparaison était anormalement élevée) avec notamment un CA en baisse de 35% (-43% au T2 après -25% au T1) et un ROC divisé par 3 (impact de l’activité compensé en partie par...
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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