Manitou Group: Q4 2021 sales revenues

Agro Napló2022. január 28. 15:51

Michel Denis, President and Chief Executive Officer, stated: “The group closed the year with an 18% increase in turnover compared to 2020.

It is thanks to the commitment of all the teams that this performance has been achieved in a context of increased tensions on the supply chain. All sectors, markets and customers also contributed to a strong acceleration in demand. In Q4, order intake reached a new high, as did the orderbook with an all-time high of €3 billion. The industrial organisations are designed to meet the demand of our customers in an environment of supply chain pressures and price inflation. In view of these factors, the group expects its turnover to grow by more than 20% compared to 2021.”

Net sales by division

 

 

In millions of euros

Quarter

Full-year period

Q4 2020

Q4 2021

Var %

2020

2021

Var %

Product division

353

382

8%

1 285

1 535

19%

S&S

79

91

16%

300

340

13%

Total

432

473

9%

1 585

1 875

18%

Net sales by region

 

 

In millions of euros

Quarter

Full-year period

Q4 2020

Q4 2021

Var %

2020

2021

Var %

Southern Europe

155

158

2%

555

602

8%

Northern Europe

152

178

17%

584

750

28%

Americas

80

81

2%

296

335

13%

APAM

45

56

23%

150

188

25%

Total

432

473

9%

1 585

1 875

18%

* like-for-like basis, at constant scope and exchange rates :
- scope: there is no acquired or exiting company in 2020 and 2021
- application of the previous year's exchange rate to the current year's aggregates

Business review by division

The Product Division (combining the former MHA and CEP divisions) achieved quarterly sales of €382 million, up 8% on Q4 2020 and 19% year-on-year (+20% at constant exchange rates and scope). All operations focused on accelerating production rates and managing the supply chain in a disrupted context.

With revenues of €91 million, the Services & Solutions Division (S&S) recorded a 16% increase in activity compared to Q4 2020 and 13% over 12 months (+13% at constant exchange rates and scope). All of the division's activities recorded sustained growth rates in line with their own market dynamics.

Címkék:
business, manitou group, sales revenues, business results,