Haulotte posts ‘historic’ revenues across the board

Haulotte’s 15m working height HS15 E. (PHOTO: Haulotte)

France-based lift manufacturer Haulotte has reported “historic consolidated revenues” for the first quarter of 2023, amounting to €196.3 million (US$213.5 million).

The figure represents a 43% increase on the €135.8 million ($150 million) it achieved for the same period in 2022, and keeps the company on track to achieve its predicted 20% growth for 2023. 

“All of the Group’s activities showed an increase compared with Q1 2022,” said Haulotte. “The sale of equipment is up by +48%, the rental business by +7% and finally the service business by +15%.”

These percentages equate to respective 2023 revenues of €172.6 million ($190.6 million), €5.8 million ($6.4 million) and €17.9 million ($19.7 million).

While the prediction takes into account a strong historic order book, the company describes the aerial platform market as “dynamic” and says that pressure on the components supply chain is continuing to ease.

Regionally, the company saw the biggest growth in North America, where the uptake of aerial platforms is continuing to rise.

“Haulotte confirmed the results seen in previous publications and posted growth of +72% in the first quarter, largely driven by the aerial work platform business, which more than doubled compared to the same period last year.”

The Latin American and Asia-Pacific regions both saw first quarter sales grow by 38% compared to the same period last year and “In Europe, sales were up by +35% in the first quarter, driven by all markets except for Russia, which is at a standstill”.