Haulotte Group

Haulotte Group manufactures and sells machines for use in building/public works and industrial markets. Co. specializes in people and material lifting equipment. It also operates in rental market for this equipment. Co.'s offering includes access equipment, telehandlers, earth moving equipments, system and utility scaffolds, event staging and seating. Its activities can be divided into three segments: the manufacture and sale of lifting equipment, the rental of lifting equipment, and services (spare parts, repairs and financing). Co. operates geographically in Europe, North America, South America and Asia/Pacific.
  • TickerPIG
  • ISINFR0000066755
  • ExchangeEuronext Paris
  • SectorIndustrial Engineering
  • CountryFrance

Analysts

Charles Lepetitpas ...
  • Christophe Chaput
  • Emmanuel Matot
  • Geoffroy Michalet
  • Jean Sassus
  • Jean-François Granjon
  • Jeremy Garnier
  • Jerôme Bodin
  • Martial Descoutures
  • Nicolas Thorez
  • Nicolas David
  • Oussema Denguir
  • Pierre Corby
  • Steven Gould

ODDO BHF Small & MIDCAP MORNING NEWS - 03/13/2019

Offshore and FPSO-type floating production systems will remain key for the future balance of the oil market. Between now and 2035, new offshore projects producing an additional 20 mb/d will have to be launched! We expect an acceleration in momentum in this segment after several years of underinvestment. SBM Offshore, on which we adopt a Buy recommendation (vs Neutral) with a target price of € 22, is the key player in this segment in our view. We remain more cautious on players with a ...

Emmanuel Matot

Haulotte : Margin pressures even stronger than expected

>2018 results lower than we expected - Haulotte yesterday evening reported its 2018 results which were worse than expected. We would particularly highlight underlying operating profit, which saw a fall of 13% for continuing operations, at € 37m (vs € 40m for Oddo/consensus). Management had issued a profit warning mid-February, saying that the target for stable underlying operating profit (i.e. € 42m) would not be achieved (despite good sales momentum: +14% i...

Charles Lepetitpas ...
  • Christophe Chaput
  • Emmanuel Matot
  • Geoffroy Michalet
  • Jean Sassus
  • Jean-François Granjon
  • Jeremy Garnier
  • Jerôme Bodin
  • Martial Descoutures
  • Nicolas Thorez
  • Nicolas David
  • Oussema Denguir
  • Pierre Corby
  • Steven Gould

ODDO BHF Small & MIDCAP MORNING NEWS - 13/03/2019

...

Emmanuel Matot

Haulotte : Pressions encore plus fortes que prévu sur les marges

>Résultats 2018 en deçà de nos attentes - Haulotte a publié hier soir ses résultats 2018 qui ressortent pire que prévu. Nous retiendrons surtout un ROC en baisse de 13% pour les activités poursuivies, s’établissant à 37 M€ (vs Oddo/consensus = 40 M€). Les dirigeants avaient émis mi-février un « profit warning », indiquant que leur objectif d’une stabilité du ROC (soit 42 M€) ne serait pas atteint (malgré une bonne dynamique du CA : +14% en organique) suite a...

Emmanuel Matot

Haulotte : Margin pressures even stronger than expected

>2018 results lower than we expected - Haulotte yesterday evening reported its 2018 results which were worse than expected. We would particularly highlight underlying operating profit, which saw a fall of 13% for continuing operations, at € 37m (vs € 40m for Oddo/consensus). Management had issued a profit warning mid-February, saying that the target for stable underlying operating profit (i.e. € 42m) would not be achieved (despite good sales momentum: +14% i...

Emmanuel Matot

Haulotte : Pressions encore plus fortes que prévu sur les marges

>Résultats 2018 en deçà de nos attentes - Haulotte a publié hier soir ses résultats 2018 qui ressortent pire que prévu. Nous retiendrons surtout un ROC en baisse de 13% pour les activités poursuivies, s’établissant à 37 M€ (vs Oddo/consensus = 40 M€). Les dirigeants avaient émis mi-février un « profit warning », indiquant que leur objectif d’une stabilité du ROC (soit 42 M€) ne serait pas atteint (malgré une bonne dynamique du CA : +14% en organique) suite a...

Emmanuel Matot

Haulotte : The business is there but not the margins

>2018 sales target achieved – No significant difference vs previous quarter - Haulotte reported its Q4 sales yesterday evening. Figures showed that there was no significant difference with forecasts (€ 142m vs Oddo BHF/consensus = € 145m) even though we had hoped for a slightly stronger trend (+6% organic).For FY 2018, organic sales growth came in at 11%, validating management’s target of >10%. All geographic zones performed well, with double-digit growth in Euro...

Emmanuel Matot

Haulotte : Le business est toujours là mais pas les marges

>Objectif de CA 2018 atteint – Pas d’écart significatif par rapport aux attentes au dernier trimestre - Haulotte a publié hier soir son CA T4. Il ne met pas en avant d’écart significatif par rapport aux attentes (142 M€ vs Oddo BHF/consensus = 145 M€) même si nous espérions une dynamique un peu plus prononcée (+6% en organique).Sur l’ensemble de l’exercice 2018, la croissance organique du CA s’établit à 11%, validant l’objectif >10% des dirigeants. Toutes les zon...

Ebrahim Homani

HAULOTTE GROUP - Innovation to stand out from tough Asian competitors

1 director bought

A director at Haulotte Group bought 1,900 shares at 13.300EUR and the significance rating of the trade was 53/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names o...

Charles Lepetitpas ...
  • Christophe Chaput
  • Emmanuel Matot
  • Geoffroy Michalet
  • Jean Sassus
  • Jean-François Granjon
  • Jeremy Garnier
  • Jerôme Bodin
  • Martial Descoutures
  • Nicolas Thorez
  • Nicolas David
  • Oussema Denguir
  • Pierre Corby
  • Steven Gould

ODDO BHF Small & MIDCAP MORNING NEWS - 03/13/2019

Offshore and FPSO-type floating production systems will remain key for the future balance of the oil market. Between now and 2035, new offshore projects producing an additional 20 mb/d will have to be launched! We expect an acceleration in momentum in this segment after several years of underinvestment. SBM Offshore, on which we adopt a Buy recommendation (vs Neutral) with a target price of € 22, is the key player in this segment in our view. We remain more cautious on players with a ...

Charles Lepetitpas ...
  • Christophe Chaput
  • Emmanuel Matot
  • Geoffroy Michalet
  • Jean Sassus
  • Jean-François Granjon
  • Jeremy Garnier
  • Jerôme Bodin
  • Martial Descoutures
  • Nicolas Thorez
  • Nicolas David
  • Oussema Denguir
  • Pierre Corby
  • Steven Gould

ODDO BHF Small & MIDCAP MORNING NEWS - 13/03/2019

...

Alexandre Iatrides ...
  • Alfred Glaser
  • Aurelien Sivignon
  • Christophe Chaput
  • Christophe-Raphaël Ganet
  • Delphine Brault
  • Emmanuel Matot
  • Florent Laroche-Joubert
  • Geoffroy Michalet
  • Jean Sassus
  • Jean-Baptiste Rouphael
  • Jeremy Garnier
  • Nicolas Thorez
  • Oussema Denguir
  • Pierre Corby
  • Steven Gould
  • Valentin Pernet

ODDO BHF Small & MIDCAP MORNING NEWS - 02/13/2019

...

Alexandre Iatrides ...
  • Alfred Glaser
  • Aurelien Sivignon
  • Christophe Chaput
  • Christophe-Raphaël Ganet
  • Delphine Brault
  • Emmanuel Matot
  • Florent Laroche-Joubert
  • Geoffroy Michalet
  • Jean Sassus
  • Jeremy Garnier
  • Nicolas Thorez
  • Oussema Denguir
  • Pierre Corby
  • Steven Gould

ODDO BHF Small & MIDCAP MORNING NEWS - 13/02/2019

...

Alex Koagne ...
  • Christophe Chaput
  • Emmanuel Matot
  • Hana Maalej
  • Harold De Decker
  • Jean Sassus
  • Jerôme Bodin

ODDO BHF Small & MIDCAP MORNING NEWS - 10/17/2018

...

HAULOTTE GROUP sees a downgrade to Slightly Negative on account of less fundamental stars

The independent financial analyst theScreener just lowered the general evaluation of HAULOTTE GROUP (FR), active in the Commercial Vehicles & Trucks industry. As regards its fundamental valuation, the title now shows 1 out of 4 stars while market behaviour can be considered moderately risky. theScreener believes that the title remains under pressure due to the loss of a star(s) and downgrades its general evaluation to Slightly Negative. As of the analysis date December 31, 2018, the closing price was EUR 8.83 and its target price was estimated at EUR 7.48.

Ford Equity International Rating and Forecast Report

Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind each recommendation and reflect the fundamental and price data as of the last trading day of the week...

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Konecranes Plc - Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments

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Lotte Group - Strategy, SWOT and Corporate Finance Report

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Haulotte Group S.A. - Strategy, SWOT and Corporate Finance Report

Synopsis Haulotte Group S.A. - Strategy, SWOT and Corporate Finance Report, is a source of comprehensive company data and information. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360˚ view of the company. Summary - Detailed information on Haulotte Group S.A. required for business and competitor intelligence needs - A study of the major internal and external factors affecting Haulotte Group S.A. in the form of a SWOT analysis - An in-depth view of the business model of Haulotte Group S.A. including a br...

Jehanne Leroy

Proxy Report - 29/05/2018

Le rapport spécial des commissaires aux comptes sur les conventions réglementées est disponible. Cependant, il est en plusieurs points contraires aux préconisations de Proxinvest : Proxinvest s'oppose à toute convention conclue avec des administrateurs car cela compromet leur indépendance. Cette année, l’ensemble des conventions soumises à approbations sont conclues avec un administrateur de la société. En effet, un administrateur doit avoir à cœur les intérêts de la société et de ses actionnaires tandis qu'un consultant a d'abord ses propres intérêts à cœur. D'où l'incompatibilité de mener à...

Matthieu DRIOL

Analyse court terme - HAULOTTE GROUP : La tendance de fond est clairement orientée à la baisse.

La tendance de fond est clairement orientée à la baisse. Les prix baissent à nouveau, mais le mouvement est devenu hésitant. Le prochain support est à 9,28 €. La tendance de fond serait remise en cause en cas de franchissement de 13,20 €.

Matthieu DRIOL

Short term view - HAULOTTE GROUP : The background trend is clearly bearish.

The background trend is clearly bearish. Prices are falling again, but the movement has become hesitant. The next support is at €9.28. The background trend would be questioned should prices rise above €13.20.

Matthieu DRIOL

Analyse court terme - HAULOTTE GROUP : La tendance de fond est clairement orientée à la baisse.

La tendance de fond est clairement orientée à la baisse. Le mouvement se poursuit. Le prochain objectif est à 9,28 €, puis 8,43 €. Le franchissement de 13,20 € remettrait en cause la suite de la baisse.

Matthieu DRIOL

Short term view - HAULOTTE GROUP : The background trend is clearly bearish.

The background trend is clearly bearish. The movement goes on. The next target is at €9.28, then €8.43. Passing €13.20 would question the continuation of the fall.

Matthieu DRIOL

Medium term view - HAULOTTE GROUP : The trend is bearish.

The trend is bearish. The movement goes on. The next target is at €9.92, then €7.95. Passing €19.38 would question the continuation of the fall.

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