Manitou Group

MTU

FR0000038606

Heavy Machinery & Vehicles

Market Closed - Euronext Paris Other stock markets 11:35:03 2024-04-26 am EDT			5-day change	1st Jan Change
22.65 ^EUR	-8.30%		-10.30%	-2.37%

Apr. 26	Manitou: 3% sales growth in Q1	CF
Mar. 07	Manitou: buoyant after its annual results	CF

Manitou BF SA completed the acquisition of Gi.Erre S.R.L.

March 28, 2023

Manitou BF SA (ENXTPA:MTU) agreed to acquire Gi.Erre S.R.L. on November 4, 2022.

Manitou BF SA (ENXTPA:MTU) completed the acquisition of Gi.Erre S.R.L. on March 1, 2023.

Latest news about Manitou Group

Manitou: 3% sales growth in Q1	Apr. 26	CF
Manitou: buoyant after its annual results	Mar. 07	CF
Manitou BF SA Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 06	CI
Manitou: two new positions on the Executive Committee	Jan. 30	CF
Manitou: sales up 22% in 2023	Jan. 26	CF
Manitou: end of litigation with JC Bamford Excavators	Dec. 11	CF
Manitou: two acquisitions in Italy	Nov. 09	CF
Manitou BF SA announced an agreement to acquire 75% stake in Come Srl and Metal Work s.r.l. from current partners and directors of the two companies.	Nov. 07	CI
Germany's struggling property sector in five charts	23-08-01	RE
Manitou BF SA Reports Earnings Results for the Half Year Ended June 30, 2023	23-07-28	CI
Transcript : Manitou BF SA - Special Call	23-07-06
Manitou BF SA Reports Earnings Results for the Full Year Ended December 31, 2022	23-03-02	CI
Manitou BF SA completed the acquisition of Gi.Erre S.R.L.	23-02-28	CI
Manitou BF SA acquired 82% stake in EasyLi.	22-12-15	CI
Manitou BF SA agreed to acquire Gi.Erre S.R.L.	22-11-03	CI
France's Manitou Buys Intellectual Property of Aerial Work Platforms Group ATN Platforms	22-08-31	MT
Manitou BF SA Reports Earnings Results for the Half Year Ended June 30, 2022	22-07-28	CI
Manitou Group Obtains New $381 Million Revolving Credit Facility	22-07-27	MT
France's Manitou Wins Patent Infringement Case In UK	22-07-06	MT
France's Manitou Acquires Majority Stake In Finnish Machine Maintenance Group MN-Lifttek	22-04-28	MT
Manitou BF SA acquired unknown majority stake in Mn-Lifttek Oy.	22-04-26	CI
Manitou BF SA Reports Earnings Results for the Full Year Ended December 31, 2021	22-03-03	CI
Manitou Bf Sa Reports Earnings Results for the Half Year Ended June 30, 2021	21-07-29	CI
Manitou : FY20 Earnings Drop on COVID-19 Impact; Board Proposes Dividend Resumption	21-03-04	MT
Manitou Bf Sa Reports Earnings Results for the Full Year Ended December 31, 2020	21-03-04	CI

Manitou Group specializes in the manufacturing and marketing of handling, lifting and earthmoving equipment for the construction (61% of net sales), agriculture (27%) and industry (12%) markets. Net sales break down by family of products and services as follows: - handling and lifting equipment (86.1%): rough-terrain handling equipment (fixed and rotating telehandlers, rough-terrain forklifts and on-board trucks), aerial work platforms, industrial and semi-industrial forklifts, truck-mounted forklifts, rough-terrain forklift trucks, warehousing equipment, skid-steers and track loaders, articulated loaders and backhoe loaders; - services (13.9%): sale of spare parts and accessories, provision of financing solutions, fleet management, provision of connected machines, extended warranties and maintenance contracts, training services and sale of second-hand equipment. At the end of 2023, the group had 10 manufacturing sites worldwide. Net sales are distributed geographically as follows: Northern Europe (36.5%), Southern Europe (33.8%), the Americas (20.9%) and Asia/Pacific/Africa/Middle East (8.8%).

Sector

Heavy Machinery & Vehicles

Calendar

2024-06-12 - Annual General Meeting

More about the company

Income Statement Evolution

More financial data

Ratings for Manitou Group

Trading Rating

Investor Rating

ESG Refinitiv

B-

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

22.65 EUR

Average target price

30 EUR

Spread / Average Target

+32.45%

Consensus

EPS Revisions

Estimates Revisions

Quarterly revenue - Rate of surprise

Company calendar

Sector Other Heavy Machinery & Vehicles

	1st Jan change	Capi.
MANITOU GROUP	-2.37%	925M
PACCAR, INC.	+14.65%	58.67B
DAIMLER TRUCK HOLDING AG	+26.10%	36.8B
TOYOTA INDUSTRIES CORPORATION	+26.70%	28.74B
KOMATSU LTD.	+15.62%	25.64B
EXOR N.V.	+11.71%	23.31B
EPIROC AB	+1.34%	21.74B
KUBOTA CORPORATION	+15.97%	18.38B
CNH INDUSTRIAL N.V.	-6.32%	14.21B
KNORR-BREMSE AG	+18.96%	12.04B

Other Heavy Machinery & Vehicles

Manitou Group

Equities

MTU

FR0000038606

Heavy Machinery & Vehicles

Manitou BF SA completed the acquisition of Gi.Erre S.R.L.

Latest news about Manitou Group

Chart Manitou Group

Company Profile

Income Statement Evolution

Ratings for Manitou Group

Analysts' Consensus

EPS Revisions

Quarterly revenue - Rate of surprise

Sector Other Heavy Machinery & Vehicles