The net revenue of the French manufacturer of off-road loading equipment for two quarters of 2019 reached 1.163 billion euros, what is 24% more than the same indicator in 2018.

The largest growth in all regions of the company’s presence, including in Russia, was demonstrated by the department of material handling machines and equipment. Its revenue for the first 6 months of 2019 reached 830 million euros, exceeding the same indicator in 2018 by 27%. In second place (178 million euros, which is 18% more compared to the first half of 2018) was the compact equipment department. Manitou Group’s revenue from sales of services and solutions grew 14% to € 155 million. These figures became possible due to increased demand for after-sales service of used equipment.