(CercleFinance.com) – Haulotte shares fell by 8%, the day after the announcement by the manufacturer of aerial work platforms of a turnover down 19% to 157 million euros for its first quarter 2024.
The group explains that after a particularly dynamic first quarter of 2023, ‘these first three months of 2024 mark a return to normal in investment cycles and a certain wait-and-see attitude among rental companies’.
‘Commercial activity in the second quarter will be decisive in meeting the annual objective of stable turnover for 2024, and a current operating margin (excluding exchange rate gains and losses) close to +5% of its turnover. business,’ he warns.
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