Haulotte sees 27% fall in 2020 revenues on Covid-19 impact ...United Arab Emirates

Global access equipment heavyweight Haulotte has reported a 27% fall in revenues for 2020 owing to the impact of the Covid-19 pandemic. The company announced a consolidated revenue of €439.6 million in 2020 compared with €610.8 million in 2019, and added that it achieved €114.5 million in the last quarter of 2020, which was down 12% year-on-year but up 13% over Q3 2020, driven mainly by sales in the Asia-Pacific. Giving its outlook for the coming months, however, Haulotte said that “despite a still very uncertain environment, the improvement in sales activity noted in recent weeks and the expected return on investment from major rental companies” should enable it to post sales growth of arou

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