Finance

10/24/24

2024 Q3 Revenues

  • Cumulative 9-month revenues of €2,000m, -3% vs. 9-month revenues 23, -3% like for like
  • Q3 24 revenues of €593m, -10% vs. Q3 23
  • Q3 24 order intake on equipment of €252m vs. €216m in Q3 23
  • End of Q3 24 order book on equipment at €1,107m vs. €2,718m in Q3 23
  • Expected 2024 revenues dipped about 7% compared with 2023
  • Expected recurring operating profit in 2024 above 7% of revenues

 

Cumulative 9-month revenues reduces by 3% in comparison to 2023, September. This slowdown is due to an economical and geopolitical environment deterioration from this summer as well as a high level of dealer inventories in Northern Europe and Northern America.

Michel Denis, President & Chief executive officer