Haulotte sales slowdown linked to EU tariffs

Euan Youdale Editor, Access International

16 September 2024

Haulotte has reported a slowdown in its main markets for the first half of the 2024 financial year, partly caused, it said by the influx of equipment from China ahead of provisional tariffs being introduced in the EU.

The France-based MEWP manufacturer posted a 10% decline in global sales to €363 million, compared to the same period in 2023, despite a good second quarter.

However, operating income (excluding foreign exchange gains and losses) rose sharply by €17 million to €30 million, resulting in an operating margin of 8.2%…

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