2013 press releases

2013 press releases


    December  18th, 2013

Manitou BF announces the launch of a bond issue of €12’500’000.


    November 11th, 2013

Reduced consumption and renewed range


· REDUCE, "Fuel Eco-program", up to 20% less consumption

· Engine: Deutz €III B / Interim Tier IV for the 6/7 meter range

· MLT 1040: new model 10 meters / 4 tonnes

· Preview: MLT 960, high-capacity telescopic truck


  October 24th, 2013

Q3 Sales increase 6% at constant exchange rates and scope


- Sales in Q3 2013 of €282 million, a decrease of 2% versus Q3 2012

- Cumulative 9-month sales of €873 million, a decrease of 9% versus September 2012

- Cumulative 9-month sales decreased 4% at constant scope (Toyota) and exchange rates

- Q3 order intake of 6,500 units versus 6,300 units in Q3 2012

- Strengthening of partnerships with Yanmar 


►  October 22th, 2013

Yanmar and Manitou strengthen their strategic alliance through a capital investment link and plan for expanded distribution throughout Mexico and Latin America 


Yanmar announced today that it has acquired 6.26% of the capital and voting rights of Manitou BF. The shares were acquired from the French bank Société Générale. This shareholding investment comes as the two groups enhance their strategic alliance, expanding cross distribution into Mexico and Latin America. 

Manitou families and management are very pleased of the transaction and see it as a very positive development.


►  O ctober 9th, 2013

Manitou on “Tour" in North America Focusing on Mines,  Quarries, Oil and Gas and Construction Industries. 


As part of its " Red strategy ", Manitou Americas a Manitou Group subsidiary, has set off on the Red Tour, traveling across the United States and Canada to host live demonstrations for dealers and customers. These demonstrations show the versatility of the Manitou MHT Series Heavy Telescopic Handlers, MRT Series Rotating Telescopic Handlers and specialty attachments. 


►  September 9th, 2013

Manitou Americas celebrates 40 years of Gehl brand skid loader design ans manufacturing


- Gehl skid loaders were first manufactured in July 1973 in Madison, South Dakota

- The Gehl skid loaders line currently includes three vertical lift models, including the world’s largest skid loader, and seven radial lift models 


►  September 3rd, 2013

EMA II: The new generation of Manitou articulated site forklifts towards greater storage capacity 


In 2012, the Manitou Group generated 29% of its turnover on industrial markets. Its IMH division (Industrial Material Handling) confirmed the group’s position in the world’s leading market for material handling. 

As part of its lift trucks options designed for industrial markets, the Manitou Group is launching its all new EMA II range of articulated site forklifts; a complete range of seven models which combine ease of use with efficiency in order to optimise storage capacity.


► August 28, 2013

H1’13: Decrease in business activity and strong pressure from the euro


- H1’13 revenue of €591m, down 12% vs. H1’12
- Operating profit of €7m (€16m excl. foreign exchange impact ) vs. €31m in H1’12
- Net income of €1m vs. €21m in H1’12
- Net debt of €56m vs. €103m at the end of December and €147m in H’1 2012
- Efforts to reduce fixed costs

► August 23, 2013

New at Manitou : E-Reco, an attachment recognition system for greater simplicty


Manitou is offering, as standard, the attachment-reognition system (E-Reco) on its new-generation ranges of rotative telescopic trucks MRT EASY and MRT PRIVILEGE +, recently presented at BAUMA last April.


► July 18, 2013

Q2’13 Revenue: strong acceleration, pressure on currencies

- Q2 revenue of €319m, -10% vs. Q2’12, up 17% vs. Q1’13
- H1 revenue of €591m, -12% vs. H1’12 and flat vs. H2’12
- 7,800 units of order intake in Q2
- More restrictive management of operational means
- High pressure of currencies on competitiveness and profitability
- 2013 outlook adjusted -5% in sales vs. 2012, with operating margin approx. 2.5%


April 25, 2013

 Q1’13 Revenue: sales pause, demand remains solid

· Q1’13 revenue of €272m, down 14% versus Q1’12
· Record order intake at the end of Q1 over a four quarter period (9,100 units)
· Increase in the order backlog
· Acceleration of RTH equipment production
· Continued evolution in governance
· Confirmation of full-year 2013 revenue at the same level as 2012 revenue


April 15, 2013

Manitou Group at the BAUMA


· Material handling solutions "taken to the power of 3"
· Mid-height range renewed: 3 new telescopic trucks 8-11-13 metres
· New €IIIB/Interim Tier 4 engine types for the rotative telescopic trucks of the "Easy" series: MRT 1440 – MRT 1640 – MRT 1840
· New rotative telescopic trucks "Privilège Plus": MRT 1850 – 2150 – 2540
· Innovation x3: "concept trucks", "Stop&Go", V400/4000V



► March 6, 2013

FY’12 Earnings: A new chapter of an unfolding story


• FY12 Revenue up +12% at €1,265m
• R-EBITDA of €76m (6%) vs. €79m in 2011
• OP of €46m (3.7%) vs. €53m in 2011
• Net income of €46m vs. €36m in 2011
• Net debt of €103m (-30% vs. H1); gearing of 24%
• Proposed dividend of €0.45 per share (+50%)
• Confirmed flat 2013 outlook both in revenue and profitability
• Evolution in governance and executive management


►  February 25, 2013

Manitou Group at SIMA: Acquisition + Use – Resale value= Elevate your profits

· A winning formula for Manitou, Gehl and Mustang users
· Introduction of the new MLT 629 available in 2013
· A 7 m machine as a preview
· New attachments to optimize Manitou handling solutions for the Ag market

 Product focus


January 29, 2013

Q4’12 Revenue: Sustained business in a difficult environment

· Q4’12 revenue of €306m, flat year-on-year and up 7% sequentially
· FY’12 revenue of €1,265m, up 12% versus 2011
· Sustained Q4 order intake with 9,000 units (vs. 6,300 in Q3)
· Steep adjustment of manufacturing capacities
· Several supplier/quality alerts still under evaluation
· 2012 OP margin revised down to approx. 4% tentatively
· Confirmed vision of 2013 revenue flat vs. 2012

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