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Haulotte Group (PIG) investor relations material
Haulotte Group Q3 2025 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Third quarter 2025 sales reached €121 million, a 14% year-over-year decline at constant exchange rates, excluding IAS29.
Consolidated sales for the first nine months of 2025 totaled €384 million, down 23% from €509 million in 2024.
The global aerial work platform market continues to face a downward trend due to economic and geopolitical uncertainties.
Financial highlights
Equipment sales for the first nine months were €314 million, down 28% year-over-year.
Rental sales decreased by 7% to €15 million, while services remained flat at €55 million.
Total revenue for the period was €384 million, a 24% decrease from the prior year.
Outlook and guidance
No significant improvement in current operating income is expected for the second half of 2025.
Many rental players are already focusing on 2026, indicating continued market caution.
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