Haulotte Q1 Sales Down 5% from Last Year

Haulotte Group produced consolidated sales of €84.5 million in the first quarter 2013 compared with €89 million for the same period last year, a decrease of 5%, the company announced.

Equipment sales were down 5%, representing a consistent weight of 78.6% of total revenue. Service activities and rental business are also down -4% and -7% respectively, compared to Q1 2012.

Sales growth in the dynamic markets of Latin America (+42%) and Asia-Pacific (+15%) did not offset the decline in Europe (-11%) and North America (-23%).