11.02.2015 00:57:00

CORRECTING and REPLACING: Haulotte Group: 20% increase in sales between 2013 and 2014

Regulatory News:

This replaces the announcement made at 5:45 PM CET on Feb. 10, 2015, due to the following corrections: The fourth paragraph in the "2014 Quarter 4 Activity" section has been modified.

Haulotte Group: 20% increase in sales between 2013 and 2014

           
Revenue by business line in € million (*)     YTD Dec 2014     YTD Dec 2013     change
Equipment sales 349.0 284.4 + 23 %
Location 23.0 22.2 + 4 %
Services 40.6 36.1 + 13 %
 

Total

412.6

342.7

+ 20%

(*)data restated for the sale of the UK rental business completed in June 2013

2014 Quarter 4 Activity:

Haulotte Group (Paris:PIG) generated consolidated sales of € 97.2 million in the fourth quarter versus € 85.6 million in 2013, an increase of 8%. Full year consolidated sales were € 412.6 million against € 342.7 million in 2013, an increase of 20% between the two periods.

Growth remains strong in all areas, + 33% in Asia-Pacific, + 29% in Europe, and + 28% in North America; the exception is Latin America, down -25% in the year.

Service activity shows a significant increase throughout the year (+13% overall in 2014), which seems to confirm the high utilisation rates for Haulotte machines in the fleets of our rental business customers.

Excluding FX gains & losses and the sale of the UK rental business, the Haulotte Group expects a second semester EBIT close to the one reported on the first semester.

Outlook:

Despite the macro-economic, financial and geopolitical environment remaining very uncertain, the need for fleet renewal in our rental business customers, particularly in Europe, remains very real.

This should allow Haulotte Group to show sales growth of close to 5% in 2015.

Upcoming event:

2014 Annual Results: 11 March 2015

Codes : ISIN : FR0000066755- BLOOMBERG : PIG FP - REUTER : PYHE . PA
Euronext Paris Compartiment B – Indices : CACS
www.haulotte.com

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