Manitou BF SA

Manitou BF SA

19.59
EUR
-0.62
(-3.09%)
738.37MMarket Cap
Mar 04Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
35.01
31.58
32.68
34.44
41.66
49.26
54.71
41.42
48.98
61.71
75.09
69.3
67.01
- -
Basic EPS, GAAP
0.02
0.77
0.82
1.11
1.57
2.2
2.5
1.03
2.27
1.43
3.75
3.18
1.79
- -
Free Cash Flow per Basic Share
0.92
0.04
1.92
1.85
0.92
-0.12
-0.12
4.57
2.04
-5.17
-4.12
3.58
4.89
- -
Dividend per Share
0.53
- -
0.35
0.37
0.43
0.62
0.79
0.51
0.6
0.8
0.64
1.35
1.25
- -
Book Value per Share
10.54
11.63
12.61
13.42
13.9
15.48
17.21
17.33
19.61
20.66
23.38
25.5
25.37
25.37
Tangible Book Value per Share
9.86
10.99
11.9
12.52
12.92
14.34
15.78
15.83
17.97
18.76
20.92
22.5
22.24
22.24
Basic Weighted Avg Shares
34
39
39
39
38
38
38
38
38
38
38
38
38
38
Sales/Revenue/Turnover
1,176
1,246
1,287
1,332
1,591
1,884
2,094
1,585
1,875
2,362
2,871
2,656
2,564
- -
Operating Margin (%)
2.15
3.82
4.53
5.3
5.98
6.84
7.11
5.46
6.53
3.6
7.44
7.4
5.39
- -
Depreciation Expense
32
32
33
29
33
36
46
51
54
55
61
79
86
- -
Net Income, GAAP
1
30
32
43
60
84
96
40
87
55
143
122
68
- -
Effective Tax Rate (%)
90.76
23.87
34.21
32.64
31.16
31.12
31.96
38.14
25.11
31.19
26.07
29.42
35.93
- -
Profit Margin (%)
0.06
2.44
2.51
3.22
3.77
4.47
4.57
2.5
4.63
2.32
4.99
4.59
2.67
- -
Working Capital
336
403
428
379
393
414
544
538
590
595
653
622
550
550
LT Debt
92
95
106
53
48
37
161
157
142
153
167
164
135
135
Total Equity
413
456
495
512
533
597
665
670
751
792
895
976
971
971
Return on Invested Capital (%)
0.26
5.85
5.81
6.96
8.89
11.01
10.85
4.89
9.12
5.07
11.97
9.89
5.91
- -
Return on Capital (%)
0.2
6.2
6.02
7.65
9.91
12.31
12.18
5.04
10.15
5.92
12.58
9.8
5.68
- -
Return on Common Equity (%)
0.16
6.99
6.79
8.52
11.5
14.97
15.29
5.99
12.28
7.1
17.01
13.03
7.03
- -

Capital Structure

EUR

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
ST Debt
270
256
214
LT Borrowings
143
112
110
LT Finance Leases
20
20
25
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
38
38
38
Market Capitalization
644
801
738

Working Capital

EUR

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
Total Current Assets
1,507
1,402
1,426
Cash, Cash Equivalents & STI
43
54
100
Accounts Receivable, Net
493
471
471
Inventories
872
761
742
Total Current Liabilities
884
857
877
Payables & Accruals
- -
- -
- -
ST Debt
270
256
214
Deferred Revenue
- -
- -
- -

Growth Rates

EUR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
7.08%
7.82%
-0.51%
Free Cash Flow
-477.46%
-115.93%
36.46%
Net Income, GAAP
25.34%
37.08%
-43.87%
Sales/Revenue/Turnover
8.3%
10.97%
-3.45%
Total Cash Common Dividend
19.13%
27.21%
-7.53%

Semi-annual Revenue

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
2,871
2024
- -
- -
2,656
2025
- -
- -
2,564

Semi-annual Earnings Per Share

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
3.75
2024
- -
- -
3.18
2025
- -
- -
1.79

Semi-annual Dividends Per Share

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.64
2024
- -
- -
1.35
2025
- -
- -
1.25

Company Description

CEO
Hervé Rochet
Full Time Employees
6,101
Sector
Producer manufacturing
Industry
Industrial machinery
Address
430, rue de l’Aubinière Ancenis PL France 44158
IPO Date
Jan 1, 1984
Business
Manitou BF S.A. is a French holding company specializing in the design, manufacture, and distribution of equipment primarily for construction, agriculture, and industrial sectors. Its core product portfolio includes rough-terrain telehandlers (fixed and rotating); rough-terrain forklifts; on-board trucks; aerial work platforms including scissor lifts and articulated platforms; industrial and semi-industrial forklifts; truck-mounted forklifts; warehousing equipment; skid-steers; track loaders; articulated loaders; and backhoe loaders. Additionally, the company provides a comprehensive range of services such as spare parts sales, maintenance contracts, extended warranties, fleet management solutions, machine training services, financing solutions, and offers a selection of second-hand equipment. The group's operations span globally, with significant market presence in Southern Europe, Northern Europe, the Americas, and Asia-Pacific, supported by a network of dealers covering 140 countries. Manitou BF S.A. was founded in 1957 and is headquartered in Ancenis, France. Recent significant developments include the acquisition of the robotics division of French engineering company Sitia in 2025, positioning robotics as a key element of Manitou's LIFT strategic roadmap aimed at advancing high value-added solutions especially for agricultural and semi-industrial applications. This acquisition brought a team of recognized experts and intellectual property in autonomous robotics, enhancing Manitou's innovation capabilities in automation and smart technologies. In 2024 and 2025, Manitou also expanded its geographic footprint and product offerings through acquisitions such as stakes in Italian companies Come S.R.L and Metal Work S.R.L and a major assets deal with South African dealer Dezzo Equipment, strengthening supply chain integration and regional service capacity. The company has further invested in electrification by launching new electric telehandler models and advancing lithium-ion battery technologies through strategic partnerships, reflecting a commitment to sustainability and performance enhancement. Manufacturing operations include 10 plants worldwide, with recent expansions including a welding site in France and a production facility upgrade in the United States. Manitou BF operates within the industrial goods sector focused on heavy machinery and vehicles, targeting construction, agricultural, and industrial customers requiring specialized material handling and earthmoving equipment. Its broad product range and integrated services aim to improve operational efficiency, safety, and environmental impact. The company reported net sales close to €2.7 billion in 2024, driven by product sales and an expanding service portfolio. Manitou continues to emphasize research and development investments to maintain technological leadership in handling, lifting, and aerial work platforms across international markets.