Update on COVID-19 situation
In accordance with the general containment obligations decreed in Italy and India, Manitou Group has temporarily ceased its industrial activities in these two countries. These shutdowns follow those of the French operations communicated on March 17, 2020.
In the group's distribution companies, business is also very slow in most geographical areas due to the globalization of containment policies and market uncertainty.
Where authorized and when conditions allow this, the group maintains the distribution of spare parts in order to be able to serve its operating customers.
The scale and uncertainties of COVID-19 lead Manitou Group to suspend any financial guidance for the year 2020.
In this context, the group remains extremely mobilized to deal with all the consequences of the COVID-19 crisis, with regard to its employees, customers, operations and all its stakeholders.