Revenue by business line in € millions YTD Sep 2015 YTD Sep 2014 change
Equipment sales 258.5 272.9 - 5 %
Equipment rental 18.9 17.3 + 9 %
Services 33.4 29.7 + 13 %
In Q3 2015, Haulotte Groups consolidated sales were down 8% at € 104 million versus € 113 million in the same period last year.
Cumulatively, sales amount to € 310.8 million against € 319.9 million at the end of September 2014, a decrease of 3% between the two periods (-10% at constant exchange rates).
Excluding currency effects, the cumulative revenue of the Group remains driven by the North American zone (+ 24%), which has just achieved its best ever quarter of activity, and Asia-Pacific (+ 13%) which remains dynamic. The “wait and see” attitude of major rental companies continues in Europe (-21%), and the situation remains difficult in Latin America (-29%). Rental activity increased slightly (+ 2%) at the end of the third quarter, and the service activity confirms the trend observed in previous periods (+ 10% at constant exchange rates).
Strong commercial activity during the summer and the level of order book at end of September allows Haulotte Group to confirm sales growth expectations of close to 5%.
2015 Annual Sales: 16 February 2016