Brief: Haulotte H1 Operating Result Turns To Loss Of 0.8 Million Euros

Haulotte SA

06/09/2022 16:49

Sept 6 (Reuters) - Haulotte Group SA  PYHE.PA :
    * H1 REVENUE OF €289.1 MILLION, UP +15% (AT CONSTANT
EXCHANGE
RATES, EXCLUDING IAS29)
    * H1 NET PROFIT EUR 2.2 MILLION VERSUS EUR 4.4 MILLION YEAR
AGO
    * END-H1 GROUP'S NET DEBT (EXCLUDING GUARANTEES AND IFRS16)
THUS
AMOUNTED TO €189.8 MILLION, UP +€48.9 MILLION OVER THE PERIOD
    * H1 CURRENT OPERATING LOSS EUR 0.8 MILLION VERSUS PROFIT
EUR 11.4
MILLION YEAR AGO
    * CONFIRMS ITS REVENUE GROWTH FORECASTS ABOVE +20% IN 2022
    * GROUP IS NOT IN A POSITION TO CONFIRM, AT THIS STAGE, ITS
CURRENT OPERATING MARGIN OBJECTIVES FOR 2022, GIVEN THE LACK OF
VISIBILITY AND THE MANY UNCERTAINTIES THAT REMAIN

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Further company coverage:  PYHE.PA 

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