Haulotte Record Profit For 2007 02/03/2008
Haulotte platforms released their profit margins for 2007 and it looks like another record breaking year for Haulotte. The full-year results were excellent according to Haulotte platform manufacturers. The company reported that the growth and momentum of the past few years carried over into 2007 which was fueled by the growing network of construction projects on a global basis and money pouring into the maintenance and construction industry. The expanding worldwide commercial market has meant a high performance for Haulotte platforms. Haulotte also efficiently managed to increase production capacity which conserved the flexibility of its production models. Haulotte also released a host of new innovative developments and enhancements that offered a wider range of versatile products gaining a large advantage in the industry.
The strong show of the euro and tight supply conditions also accelerated profit for Haulotte. Haulotte also predicted double digit growth in their shares for 2008 and offered a positive outlook for the aerial work platforms they produce over the next four years. Haulotte platforms say they are already looking at an increase in sales at 14% for 2008 from the previous financial year. While 2007 saw a 11 percent net margin profit. Haulotte Group are a European leader and supplier of aerial work platforms. Last year they recently opened a new subsidiary in Dubai, expanding into the Middle East market. The new subsidiary will be engaging in many of the massive construction projects that are currently taking place in the Middle East.