Earnings release
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Financial Information HAULOTTE : FIRST QUARTER SALES Lorette , April 20 , 2021 Revenue of € 106 million achieved in the first quarter of 2021 , down -18 % compared to 2020 ( * ) 2021 Quarter 1 Activity : * The amounts and changes presented in the title and below are at constant exchange rates , excluding the application of IAS29 ( Argentine hyperinflation ) . In a global aerial work platform market that , like many other industrial sectors , is still being penalised by procurement difficulties of certain components and tensions observed on supply chain inherent in the suddenness of the recovery , Haulotte achieved sales of € 106.0 million in the first quarter of 2021 , compared to € 132.9 million at the end of March 2020 , which was the last quarter not affected by the health crisis . In Europe , Haulotte's sales were down -24 % in the first quarter compared to 2020 but up + 10 % compared to the previous quarter . In Asia Pacific , the Group recorded a decline in sales of -14 % in the quarter compared to the same period in 2020 . In North America , Haulotte posted a limited sales decline of -2 % in the first quarter , with the aerial work platform business continuing to grow by around + 6 % over the same period . In Latin America , sales were down by -12 % compared to the same period last year , in a market still strongly impacted by the health crisis . At the end of the 2021 first quarter , equipment sales were down -22 % compared to the first quarter of 2020 , rental activity is down -12 % and service activity is up + 9 % . 2021 Outlook : Buoyed by the rebound in the aerial work platform market and despite the current tensions in the supply chain , which the Group hopes to see resolved during the summer , Haulotte expects to grow its sales by more than + 15 % in 2021 and to achieve a current operating margin ( excluding foreign exchange gains and losses ) of between 3 % and 4 % of sales . Upcoming event : General meeting : May 25 , 2021 2021 HY Results : September 15 , 2021 CONTACTS Alexandre SAUBOT Tél . +33 ( 0 ) 6 81 44 35 66 relation-investisseurs@haulotte.com haulotte.com Carine Ploton Tél . +33 ( 0 ) 6 81 44 35 66 relation-investisseurs@haulotte.com Codes : ISIN : FR0000066755- BLOOMBERG : PIG FP - REUTER : PYHE . PA Euronext Paris Compartiment B - Indices : CACS PIG ELIGIBLE PEA PME LISTED NYSE EURONEXT Haulotte≫ LET'S DARE TOGETHER