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Visual22 Oct 2025
Epiroc's cash spent on M&A
Haulotte Group (PIG) investor relations material
Haulotte Group H1 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.H1 2025 earnings summary9 Sep, 2025
Executive summary
Consolidated revenue for H1 2025 fell 27–28% to €262–264 million, mainly due to reduced investment by rental players and a sharp market decline in key regions.
Net loss ranged from €18.7 million to €21 million, impacted by financial expenses, currency weakness, and deferred tax adjustments.
Comprehensive loss totaled €41.5 million, driven by significant negative currency translation differences.
Operating income dropped to €1–3 million (margin 0.4–0.6%), down sharply year-over-year.
The company showed resilience in Europe, with revenue down only 7% despite broader market challenges.
Financial highlights
Net sales dropped from €363–364.5 million in H1 2024 to €262–264 million in H1 2025.
Gross margin decreased to €59 million, with the margin rate at 22.5% versus 24.8–24.9% last year.
Operating income was €0–3 million, down €29 million from H1 2024.
Net debt increased by €9 million to €209 million.
Cash flow from operations was €6 million, with a net cash outflow of €24–24.2 million.
Outlook and guidance
No significant improvement in current operating income is expected for H2 2025.
Focus remains on optimizing working capital, controlling expenses, and preparing for a rebound in 2026.
Market uncertainty persists, with many rental companies already focusing on 2026.
What caused the operating income decline?
What led to the negative cash balance?
Why did current borrowings increase sharply?
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Next Haulotte Group earnings date
Q3 2025 TU28 Oct, 2025
Next Haulotte Group earnings date
Q3 2025 TU28 Oct, 2025
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Frequently asked questions
Haulotte Group SA is a France-based company specializing in the design, manufacturing, and distribution of aerial work platforms and material handling equipment. The company's products include scissor lifts, boom lifts, telehandlers, and other lifting solutions, used widely in construction, industrial maintenance, and logistics. Haulotte serves a global customer base, providing safe and efficient access equipment that enhances productivity for tasks at height. The company also offers support services such as equipment maintenance, spare parts, and operator training. The company is headquartered in Lorette, France, and its shares are listed on Euronext Paris.
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