Despite quarter one sales revenue being down 12% for Manitou in 2025, quarter one sales revenue for 2026 paint a different picture, up 8% year on year.
Order intake for the first quarter this year reached €631m vs €574m during the first quarter of 2025.
ADVERTISEMENT
Manitou has reported quarter one 2026 sales revenues of €648 million, which is up 8% year on year and 10.2% on a like-for-like basis. The revenue increase is said to be driven by European markets and rentals customers.
Order intake for the first quarter reached €631m v €574m during the first quarter of 2025, an overall increase of 9.9% year on year. This took the groups Q1 order book on equipment to €1.21m v €1.16m in quarter one 2025.
The groups expectation is that 2026 fiscal year revenue will be up by around 5% compared to 2025 while it also expects a recurring operating profit of around 5% of revenues. The outlook reflects higher customs duties, unfavourable trends in raw material prices and exchange rate fluctuations.
ADVERTISEMENT
“The group achieved a very good first quarter with revenues of 648 million euros, up 8.0% and 10.2% on a like-for-like basis. The excellent momentum observed is driven by our European markets, particularly with rental companies,” said Michel Denis, president and CEO.
Register for free to read this story and our free stories.
This content is available to digital subscribers and loyalty code users only. Sign in to your account, use the code or subscribe to get unlimited access.
The reader loyalty code gives you full access to the site from when you enter it until the following Wednesday at 9pm. Find your unique code on the back page of Irish Country Living every week.
CODE ACCEPTED
You have full access to the site until next Wednesday at 9pm.
CODE NOT VALID
Please try again or contact support.
Manitou has reported quarter one 2026 sales revenues of €648 million, which is up 8% year on year and 10.2% on a like-for-like basis. The revenue increase is said to be driven by European markets and rentals customers.
Order intake for the first quarter reached €631m v €574m during the first quarter of 2025, an overall increase of 9.9% year on year. This took the groups Q1 order book on equipment to €1.21m v €1.16m in quarter one 2025.
The groups expectation is that 2026 fiscal year revenue will be up by around 5% compared to 2025 while it also expects a recurring operating profit of around 5% of revenues. The outlook reflects higher customs duties, unfavourable trends in raw material prices and exchange rate fluctuations.
“The group achieved a very good first quarter with revenues of 648 million euros, up 8.0% and 10.2% on a like-for-like basis. The excellent momentum observed is driven by our European markets, particularly with rental companies,” said Michel Denis, president and CEO.
If you would like to speak to a member of our team, please call us on 01-4199525.
Link sent to your email address
We have sent an email to your address. Please click on the link in this email to reset your password. If you can't find it in your inbox, please check your spam folder. If you can't find the email, please call us on 01-4199525.
ENTER YOUR LOYALTY CODE:
The reader loyalty code gives you full access to the site from when you enter it until the following Wednesday at 9pm. Find your unique code on the back page of Irish Country Living every week.
SHARING OPTIONS