Finance

04/24/24

Manitou Group celebrates its 40th anniversary of public listing

Manitou Group celebrates today the 40 years since the company went public by ringing the opening bell on the stock market. Listed on the stock exchange on April 24, 1984, Manitou Group has since grown strongly, particularly internationally.


Today, the company has 10 production sites and 34 companies over the world, and invests an average of over 100 million euros a year in research & development, industrial tools and digital transformation to meet the challenges of sustainability and long-term viability.

 

The decision to open up our capital to the stock market enabled us to strengthen our financial structure while looking to the long term.

Jacqueline Himsworth, Chairman of the board

The share price, which was close to €1 at the time of the public listing, has since risen 25-fold in compartment A of the Euronext Paris market.