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Industry News

16 April 2012

Haulotte Group’s net sales rise 23%

Haulotte Group (HG) recorded net sales growth of 23% to $400.3million in 2011, compared to $326million in 2010.

The boom lift and lifting equipment manufacturers believe the strength of emerging markets and renewed investment by major European retail companies will also give the Group a “double-digit” growth in 2012 sales.

However, to cope with the perceived weakness of Southern European markets, HG is closing its Spanish production unit in Santander and transferring all products manufactured at the plant to other European production sites.

Outside: E5 Stand: E002