Earnings release
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Financial Information Lorette , October 19 , 2021 HAULOTTE : Third Quarter Sales Third quarter sales of € 112.1 million , Up + 9 % compared to 2020 ( at constant exchange rates , excluding IAS 29 ) Revenue by business line - excl . IAS 29 - in € millions YTD Sep 2021 YTD Sep 2020 Var % Equipment sales Rental sales Services Total 302,8 283,2 + 7 % 12,3 9,3 + 32 % 40,2 32,6 + 23 % 355,3 325,1 + 9 % The changes presented below are at constant exchange rates , excluding the application of IAS29 ( Argentine hyperinflation ) 2021 Quarter 3 Activity : In a global market that is recovering strongly in all zones , but remains constrained by component supply difficulties , Haulotte recorded consolidated sales of € 112.1 million in the third quarter of 2021 , up + 9 % compared to the same period last year . At the end of September 2021 , sales amounted to € 355.3 million compared to € 325.1 million last year , an increase of + 11 % between the two periods . In Europe , the Group recorded sales growth of + 7 % for the first nine months of the year . In Asia - Pacific , Haulotte achieved , in the third quarter , its best performance of the year , but still posted cumulative sales decrease of -12 % . In North America , the trend observed in the first half of the year continued into Q3 , enabling Haulotte to record a + 38 % increase in sales for all its activities . Growth in this region continues to be driven by the aerial work platform sales , up + 46 % . In Latin America , the improvement in the situation is confirmed , enabling Haulotte to post a + 57 % increase in its cumulative sales , in line with that posted for the first half of 2021 . At the end of September 2021 , equipment sales increased by + 8 % , rental activity by + 41 % and finally service activities by + 24 % . 2021 Outlook : The continuation of the excellent sales momentum has enabled Haulotte to consolidate its historic order book level for the Group . However , given the confirmation of supply difficulties and strong price increase in components , the Group confirms its forecast of sales growth by more than + 15 % compared to 2020 and its objective of a current operating margin ( excluding foreign exchange gains and losses ) between 3 % and 4 % of revenue . Upcoming event : 2021 Annual Sales : February 15 , 2022 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