Haulotte's North American sales for the first quarter of 2014 rose 40% over the same period in 2013.
That strong growth contributed to a strong quarter for the Haulotte Group's overall results. The company has reported consolidated sales of €89.3 million ($123.46 million) in the first quarter of 2014, compared with €79.2 million ($109.48 million) in the first quarter of 2013.
According to Haulotte, that represents an increase of 16% using constant FX rates, after adjusting for the sale of the UK rental business in June 2013.
Equipment sales increased 15%, representing 83.4% of total sales (versus 83.6% in 2013). Service was up 26%, and the remaining rental activity up 6% (all at constant FX rates compared to with 2013).
Sales increased significantly in North America (+40%, excluding currency impact), Asia-Pacific (+30%, excluding currency impact), and Europe (+17%, excluding currency impact). Latin America shows a decrease of 18% (excluding currency impact), mainly due to several large orders delivered in Q1 2013, which have not been received yet for 2014.
The increase in sales and order intake in the first quarter allows Haulotte Group to confirm its
forecast of revenue growth of more than 10% in 2014.
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