WORLDNEWS
■
Italian
truckmount
manufacturer
Isoli has set up a
sales and service
subsidiary in
Singapore, named
Isoli Asia, to service Southeast
Asia.
MauroBerno
has been
appointed its vice president.
■
Chairman andCEO of US-
headquarteredHertz,
Mark
Frissora
, is stepping down for
personal reasons. The company
said hewould be replaced by
BrianMacDonald
, the current
CEO of its equipment rental
business, Hertz Equipment Rental
Corporation (HERC).
PEOPLE
FINANCIAL HIGHLIGHTS
8
access
INTERNATIONAL
SEPTEMBER-OCTOBER 2014
Company
Currency Start date Previous Current
%
21/6/02
06/05/2014 06/06/2014 change
Acces Industrie
E
1.34
3.48
2.86
-14.9
Aichi Corporation YEN(¥)
208
459
530
15.5
Ashtead Group
UK£
0.47
9.09
10.50
15.5
Kanamoto
YEN(¥)
-
4190
3780
-9.8
Lavendon
£
1.85
2.15
2.01
-6.5
Haulotte Group
E
9.00
11.44
13.01
13.7
Oshkosh Corp
US$
-
54.14
46.08
-14.88
Tanfield Group
UK£
-
0.16
0.16
0
Terex Corp
US$
23.08
38.95
31.98
-17.9
Ramirent
E
15.00
8.52
6.39
-25
United Rentals
US$
21.47
111.02
115.24
3.8
ASI INDEX
100
577.51
557.57
-3.5
access
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■
Haulotte’s
revenues for the first half of the year were up 17.6% to
€
207
million (US$ 269million). The increase in sales helped achieve a 35% increase
in earnings before interest, tax, depreciation and amortisation, to
€
19.3million
(US$ 25million). Revenueswere up 29% in Europe, 26% inNorth America and
22% in Asia Pacific, but undermined by a 31% decline in Latin America.
■
Manitou
reported first half sales of
€
642million, up 9% year-on-year.
The rough terrain handling division – the largest business unit by revenues
– reported first half sales of
€
449million, up 13% compared to the first six
months of 2013. And the compact equipment division also reported revenue
growthwas up 5% year-on-year to
€
133million.
■
United Rentals
has raised its full-year outlook following a strong first half.
It reported rental revenues for the first sixmonths of the year of US$2.18 billion
(
€
1.61 billion), up 13.5% year-on-year. Rateswere up 4.6% year-on-year in the
first half, while fleet utilisationwas up 30 basis points to 66.4%.
■
UK-based
HSS Hire
has reported a 33% increase in revenues and 34% rise
in earnings before interest, taxes, depreciation and amortisation (EBITDA) for the
first half of 2014, fuelled by organic growth and acquisitions. First half revenues
stood at £131million (
€
164million).
■
Hertz
said its equipment rental businesswas seeing “softer demand”
with a 1% increase in year-on-year revenues for the second quarter. The
announcement wasmade ahead of its full quarterly results, which have been
delayed because of accounting issues at the company.
■
Skyjack
increased its sales by 20.5% or $37.5million to $220.4million in
the second quarter of 2014, compared to the same period in 2013. Linamar said
the risewas due to increases in demand in access equipment markets inNorth
America and Europe and the favourable impact of the stronger US dollar.
■
Terex’s
sales for the second quarter of the year were US$ 2.06 billion,
a 10.4% rise on the same period in 2013. The companymade a net profit of
US$ 140million in the three-month period, compared to just US$ 21million
a year ago. The Aerial Work Platforms (AWP) segment had a strong quarter.
■
Genie has debuted its online
telehandler operator training
program.
Genie Lift Pro
for
telehandlers is applicable to all
brands of themachines and is
available through authorizedGenie
Lift Pro training centers inNorth
America. Scott Owyen, global
trainingmanager, said,”There are
no other similar telehandler training
programs currently available online,
creating a tremendous demand in
themarket.”
■
TCA Lift
recently delivered three
Falcon FS370s
to theBangalore
International Airport (BIAL) in
India. The airport is built on two
floorswhich is being cleaned and
maintainedby the three FS370s.
IN BRIEF
HollandLiftwill launch a 33m
workingheight full electric scissor
in2015.
TheHL-330will have a 1.2m x
6.4mwide platform, and a length
of 6.4m.The unitwill have a
transport size of 6.6m x 1.4m.
Itwill alsohave a 2mbasket
extension, a capacity of 600kg
600
550
500
450
400
350
300
250
200
150
100
50
0
andweigh24 tonnes.Power
will come from a 804Ah (80 v).
The company alreadyhas a fully
electricmachine,but it is 3mwide.
There have already been a few
sales from the basic specification,
saidHollandLift.
See the electric scissors feature on
page 33 formore information.
Private equity fundEvergreenPacific Partners has completed the acquisition of
Seattle, USA-basedSafeWorks fromWynnchurchCapital.
Foundedmore than60 years ago, SafeWorks designs andbuilds hoists,
service lifts, climb assist systems, platforms, riggingdevices and other safety
products andprovides training and services. Scott Farrell will remain asCEO.
The company sells its products under three brandnames: Spider, sold through
24 company ownedbranches in theAmericas; Power Climber, soldworldwide
via a distributorshipnetwork; andPower ClimberWind, soldglobally towind
power OEMs, service companies andwindplant owners.
EVERGREENACQUIRES SAFEWORKS
Electric launch
fromHolland Lift
Germany-basedMateco opened a
new depot inStuttgart, southwest
Germany, inAugust.
The ‘transfer station’ is located
at Stuttgart’s harbour, on the
grounds of rental company
ScholppCrane&Transport.
The facilitywill provide a
pick-up point for truck and
Mateco opens
transfer station
trailermounted platforms for its
customers and is complemented
by the existing pick-up facility in
the central Neckar region.
Mateco has 30 locations
throughoutGermany,with the
company’s headquarters and one
of its offices located in the city of
Stuttgart.
