Haulotte (FR:PIG) has released an update.
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Haulotte reports a 10% decline in sales at €363 million in the first half of 2024 amidst a global market slowdown, yet achieves a significant improvement in current operating margin to 8.2%. North America shows resilience with a 9% growth, counterbalancing declines in Europe and Asia Pacific. Despite the market challenges, Haulotte expects a yearly operating margin of over 5% and a reduction in net debt by €30 million.
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