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access
20
MAY-JUNE 2013
access
INTERNATIONAL
positive orientation of emerging markets and
the need for fleet renewal in European rental
companies should allow Haulotte Group to
grow by around 10% of sales in 2013 and
continue to improve its operating margin.”
But recent first quarter 2013 financial results
show that revenues have dropped at both
companies, (see the News, starting on page 6),
although Haulotte CEO Alexandre Saubot
said there was nothing to worry about and
increases were expected later in the year.
Another interesting entry is Snorkel, which
makes up all of its parent company Tanfield. As
can be seen from the table, Tanfield increased
its turnover marginally over last year and fell
five positions to 18th place.
It now seems almost certain that Snorkel
will be sold and all the signs suggest it will
be to a Chinese company unconnected to
the access industry.This, Snorkel hopes, will
provide a much-needed injection in capital
and help it to become the top five player that it
strives to be.
In a preliminary statement, the company
forecasted turnover for 2012 of about £45
million and an operating loss of approximately
£15.5 million. At the time of writing the full
figures were yet to be released.
Palfinger Platforms increased 10% on
last year in its domestic currency Euros. It
has similar experiences to the others. “The
increase was driven by North American, South
American and CIS regional sales. Business
development in Europe was marked by rising
uncertainty and a decrease in enterprises’
preparedness to invest.”
Manitou saw impressive increases too,
despite informing
AI
that its 2011 financial
year figure of €72 million, appearing in last
year’s table, was higher than it should have
been, with the correct figure being €52
million.This is why the company is showing
such a dramatic percentage increase this year.
Nevertheless, Manitou’s real rise in the listing
is still impressive, following a mixed set of
results across the group in 2012, with revenue
up 12% to €1265 million but operating profit
down 12% to €45.5 million.
At the same time the results were released,
Manitou CEO Jean-Christophe Giroux
stepped down in anticipation of his term of
office expiring at the company’s AGM on 6
June, and said, “The board believes that the
new environment calls more for an operational
focus, with a better balance between
profitability and development.”
Manitou added that it expected stable
revenues and profitability in 2013.
In another anomaly in last year’s table,
Time International, manufacturer of Versalift
van mount products, said its turnover figure
for the 2011 financial year of $250 million
included revenue from associated companies,
but not direct manufacturers of powered
access.Therefore, its figure of $140 million
in this year’s table is shown as a 44% drop.
The company told
AI
that 2012 had in fact
been one of its most successful years and the
$140 million turnover reflected a sharp rise in
access-related sales.
Its decision to launch six new products at
bauma is perhaps a reflection of its success,
and at the show Per Torp, Time Export
export manager, said the exhibition had been
incredibly successful. In January this year he
told
AI
, “We have had some good years and
not suffered too much in the market, so we
had capacity and the possibilities of spending
a good deal of money on new design, and
three years ago decided we wanted to keep our
market leading positions.”
At the bottom of this year’s listing, there
are a couple of other apparently steep drops,
namely from CTE and Oil & Steel. In the
latter’s case the figure for 2011 was an estimate
and the company has kindly provided
AI
with
an actual figure this year. As for CTE, its
figure this year now represents its turnover for
powered access only, rather than other products
combined in last year’s figure.
AI
Part of access platform area at bauma 2013
THE SURVEY
Companies were asked for their aerial work
platform related turnover for the financial year
2012. Where data is not supplied or where
company accounts do not provide complete
information,
Access International
has made its
own estimates after consulting industry sources.
Our thanks to all companies and individuals who
supplied information.
All conversions into US$ used exchange rates
on 17 May 2013.
As in previous years this is a list of powered
access manufacturers and does not include
manufacturers of non-powered access equipment
such as ladders, scaffold towers and scaffolding.
2012 TURNOVER
2011 TURNOVER
% CHANGE
US$
LOCAL
US$
LOCAL
OVER
MILLION
CURRENCY MILLION
CURRENCY YEAR
EQUIPMENT TYPE
$2282
$2282
$2052
$2052
11.2%
Self propelled/trailers
$2104.6
$2104.6
$1759
$1750
19.6%
Self propelled/truck mounts
$487.76
CN$487.76
$330
CN$326.6
47%
Self propelled
$458.3
€
355.7
$402.6
€
306.9
13.8%
Self propelled/trailers/
push around
$420
(est)
$420
(est)
$400
(est)
$400
(est)
5%
Truck mounts
$390
JPY39942
$474.64
JPY36737
-17.83%
Self propelled/trucks
$230
$230
$280
(est)
$280
(est)
-17.86%
Mast climbers
$219.7
RMB 1.35bn $254
RMB 1600
-13.5%
Mast climbers
$140
$140*
$250
$250
-44%
Truck Mounts
$134.6
€
105
$147
(est)
$147
(est)
-8.4%
Truck mounts
$128.3
€
100
$69.3
€
90
42.2%
Truck mounts
$124.4
12853 Y
$152.2
11789 Y
-18.3%
Self propelled/trucks
$121.9
€
95
$98.3
€
75.7
24.0%
Truck mounts
$92.3
€
72
$53
€
40.8
74.2%
Self propelled
$80.1
(est)
£52.8
(est)
$75
£48
6.8%%
Self propelled
$74
RMB 455
$55
RMB 350
34.5%
Self propelled/push around
$69.5
€
52
$69.5
(est)
€
52
(est)
0%
Spider specialist
$68.3
£45
**
$74.3
£48.3
-8.0%
Self propelled
$60.9
€
47.5
$65
€
50
-6.3%
Mast climbers
$60.2
(est)
€
47
(est)
$61.6
€
46.72
-2.3%
Truck mounts/spiders
$48.6
(est)
€
37.9
(est)
$44.8
€
34.5
8.5%
Trucks/tracked
$46.1
€
36
$66.1
€
50.9
-30.3%
Trucks/tracked
$25.6
€
20
$40
€
30
(est)
-36%
Truck mounts/spiders
