Q3 2020 Sales Revenues

● Q3 20 revenues of €391m, -10% vs. Q3 19
● Cumulative 9-month sales of €1,153m, -28% vs. Q3 19, -28% like for like*
● End of Q3 20 order intake on equipment of €301m vs. €244m in Q3 19
● End of Q3 20 order book on equipment at €544m vs. €526m in Q3 19
● Outlook for 2020 annual revenues reviewed in the range of 1.55 billion euros
● Outlook for recurring operating income raised to a range of 3.5% to 3.9% for 2020

Over the third quarter, the group had a sustained level of activity that enabled it to make up for some of the delivery delays caused by the containment period and to reactivate business with our customers. Against this backdrop of recovery, Q3 2020 revenues were 10% lower than in Q3 2019, while H1 2020 revenues were 35% lower than in H1 2019.

Michel Denis, President & CEO

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Analysts presentation

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Manitou BF SA published this content on 28 October 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 October 2020 18:34:04 UTC