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MANITOU GROUP shban WMANITOU GEHL muwyzna SMANITOU Manitou Group : Q1 2021 Sales Revenues • Q1'21 revenues of € 471m , + 12 % vs. Q1'20 , + 15 % like for like * • Record Q1'21 order intake on equipment of € 815m vs. € 400m in Q1'20 • Record order book on equipment at the end of Q1'21 at € 1,344 million vs. € 648 million in Q1'20 • Confirmation of an anticipated increase in revenues in 2021 of more than 15 % compared to 2020 • Confirmation of an anticipated increase in recurring operating profit of around 40 basis points in 2021 Ancenis , April 27 , 2021 - Michel Denis , President and Chief Executive Officer , stated : " Activity in the first quarter confirms and expands the rebound that we have seen at the end of 2020. All markets and sectors of activity have experienced extremely sustained growth . On the strength of this momentum , the group has set an all - time record for order intake , which reached € 815 million in the quarter . As a direct consequence of this recovery , our order backlog jumped to € 1,344 million , an unprecedented high level . From an operational point of view , we are organizing the adaptation of our production line speeds , taking into account the time required to accelerate our entire supply chain and the need to recruit and train additional manpower . The situation is made more complex by tensions over the availability of certain components . This context has created an inflationary trend in raw materials and specific components , which has led us to pass on these increases immediately to our tariffs . Given the depth of our order book , these rises of prices will only have their first effects at the end of the year . We remain fully focused on the upturn . Our acceleration is still limited by an ecosystem that cannot take off any faster . We are confirming our business and earnings expectations for the year , while remaining very vigilant about the delays that could result from the lack of availability of some components or a further deterioration in the health situation . " Revenues by division in millions of euros Product Division S & S Division Total Revenues by sales areas in millions of euros Southern Europe Northern Europe Americas APAM Total * Like for like , at constant scope and exchange rate : there is no acquisition nor exit in 2020 and in 2021 application of the prior year's exchange rate 3 months at end of March 2020 2021 Var % 347 388 12 % 74 83 12 % 421 471 12 % 3 months at end of March 2020 2021 Var % 152 149 -2 % 152 193 27 % 79 87 10 % 38 42 9 % 421 471 12 % Company information is available at : www.manitou-group.com Shareholder information : communication.financiere@manitou-group.com