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Manitou to Lay Off 63 Employees, Forecasts 2020 Sales Down 30%

September 30, 2020 | Posted in Ag Equipment Worldwide

According to a report from KHL, Manitou seeks to eliminate 63 positions amid increasing negative economic impact from the COVID-19 pandemic.

Manitou Reports 1Q20 Revenues Down 25%

April 28, 2020 | Posted in Earnings Reports

Manitou, manufacturer of equipment for agriculture, construction and other industries reported its first quarter revenues in 2020 down 25% to €421 million ($455 million) from €562 million ($608 million) in the first quarter of 2019.

Manitou Closes Operations in France Through March 31

March 19, 2020 | Posted in Ag Equipment Business

Source: KHL.com

According to a report from KHL.com, Manitou Group has temporarily closed its facilities in France in response to the spread of COVID-19.

Manitou Reports 1Q19 Revenue Up 22%

April 29, 2019 | Posted in Earnings Reports

With sales revenue of €397 million ($443.3 million) for the quarter, the Material Handling & Access (MHA) Division of Manitou recorded a 23% increase vs. 1Q18.

Manitou Group Reports 18% Revenue Increase in 2018

March 11, 2019 | Posted in Earnings Reports

Manitou Group, manufacturer of rough terrain handling equipment for agriculture and construction, posted year-over-year sales revenue growth of 18% during 2018.

Manitou Posts Record Revenues in 2018

February 1, 2019 | Posted in Equipment & Equipment Sales

Reporting on Manitou Group’s fourth quarter financial results, Michel Denis, president and chief executive officer, said, “2018 is again a record year for the group. Overall, the group will have grown by around 40% in just 2 years.”

Manitou’s 3Q18 Revenues Up 18%; American Sales Also Rise 18%

November 5, 2018 | Posted in Ag Equipment Worldwide, Earnings Reports

Manitou Group, a worldwide manufacturer of rough-terrain handling equipment for construction, agriculture and other industries, reported third quarter revenues of €419 million ($478 million), up 18% vs. third quarter 2017.

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