Haulotte Group SA
2.23
EUR
-0.01
(-0.45%)
Haulotte Group SA
GETTEX:PHT
(Gettex)
Recent
price
2.23
P/E
ratio
- -
div
yld
- -
ROIC.AI
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- Business
- Haulotte Group S.A. is a global manufacturer and provider of aerial work platforms and material handling equipment, specializing in the design, production, and distribution of a wide range of products including articulated booms, telescopic booms, scissor lifts, telehandlers, and vertical masts. The company offers extensive services such as technical assistance, warranty and maintenance, spare parts supply, digital solutions including diagnostics, training via Haulotte Academy, fleet management, and customized financing solutions. Haulotte operates through five production facilities located in France, Romania, China, and the United States and maintains a global sales and service network comprising 20 subsidiaries and distributors covering over 150 countries with regional logistics hubs to ensure spare parts availability. Founded in 1881 and headquartered in Lorette, France, Haulotte serves diversified sectors including construction, logistics, manufacturing, airports, retail, and specialized military and civilian applications. In the last two years, Haulotte has experienced a market slowdown impacting its sales, with 2024 revenue reported at €634 million, a 17% decrease from 2023 mainly due to a global downturn in aerial work platform demand. Despite this, the Group improved its net result significantly to €15 million in 2024 through operational efficiency and cost management. Key recent product developments include the launch of the HA 20 RTJ 20m articulated platform designed to meet evolving customer needs with increased load capacity and better environmental compliance. The Group also introduced the FASTN safety system to enhance operator safety for mobile elevated work platforms. Haulotte's service business continued to grow, driven by an expanding portfolio of digital and aftersales offerings. The company maintains strategic focus on innovation, sustainability, stock optimization, and cost control amid uncertain market conditions, with ongoing efforts to strengthen its competitive position globally in Europe, North America, Asia, Latin America, and other regions. Haulotte's business model emphasizes manufacturing flexibility to respond to market fluctuations, supported by a comprehensive rental business to deepen market presence and better understand end-user requirements. Its subsidiaries operate in key markets including the United States, India, Australia, Italy, Poland, France, Spain, the UK, Mexico, the Netherlands, and Singapore, contributing to robust localized support and customer engagement. This description reflects Haulotte Group's comprehensive product and service offering, geographic reach, recent operational performance, and strategic initiatives up to 2024-2025. References to recent financial results, product launches, and corporate developments are based on Haulotte's 2024 annual reports and official communications.