Haulotte Group Reports 18% Decline in Q1 2025 Sales

Haulotte Group announced first-quarter 2025 sales figures, recording revenue of €131 million, marking an 18% decline year-over-year. This downturn is set against the backdrop of a continuing global slowdown in the aerial work platform market initiated in the latter half of 2023.

Equipment sales particularly fell by 21%, although rental sales saw a positive shift with a 19% rise. Service sales also experienced a 9% uptick. By region, Europe experienced a 6% sales decline while the Asia-Pacific region noted a significant 41% drop. North American revenues decreased by 27%, whereas Latin America showed a marginal 2% increase.

Looking ahead, Haulotte remains cautious and refrains from setting financial forecasts for 2025 due to the uncertainty across markets. The company aims to focus on innovation and operational efficiency as it navigates the challenging environment.