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Haulotte Group (PIG) investor relations material
Haulotte Group Q1 2026 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
First quarter 2026 sales reached €121 million, a 4% decrease year-over-year at constant exchange rates, excluding IAS29.
Revenue decline driven by lower rental and service activity, partially offset by stable equipment sales volumes.
Market conditions showed signs of stabilization after a low point at the end of 2025, despite ongoing economic and geopolitical disruptions.
Financial highlights
Equipment sales down 2% year-over-year; rental sales down 24%; service activity down 10%.
Total revenue decreased 7% to €121 million from €131 million in the prior year period.
Rental sales experienced the steepest decline at -31% compared to the previous year.
Outlook and guidance
Sales growth is expected for 2026, contingent on North American market recovery.
Anticipates a return to positive current operating margin in 2026.
- 2025 revenue dropped 18% and net income turned negative amid global market weakness.PIG
H2 202513 Mar 2026 - Annual sales fell 18% to €512M in 2025, with sharp regional declines and a new €130M loan secured.PIG
Q4 2025 TU10 Feb 2026 - Sales dropped 14% in Q3 2025, with no near-term recovery expected amid market headwinds.PIG
Q3 2025 TU28 Oct 2025 - Revenue fell 27–28% and net loss reached €18.7–21 million amid market and currency headwinds.PIG
H1 20258 Oct 2025 - Q1 2025 sales dropped 18% year-over-year, with equipment sales down and market uncertainty persisting.PIG
Q1 2025 TU10 Sep 2025 - Q3 2024 sales fell 12% year-on-year, with full-year sales expected to decline 10%.PIG
Q3 2024 TU13 Jun 2025 - Net profit rebounded to €16.3M in H1 2024 despite a 10% sales decline.PIG
H1 202413 Jun 2025 - Revenue dropped 17% but margins, net income, and cash flow improved; outlook is uncertain.PIG
H2 20246 Jun 2025 - 2024 sales dropped 17% to €634M, with margin near 6.5% and cautious 2025 outlook.PIG
Trading Update6 Jun 2025
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