Board Change • May 21
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 1 experienced director. 5 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director Bertrand Badre was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Mar 11
Haulotte Group SA, Annual General Meeting, May 21, 2026 Haulotte Group SA, Annual General Meeting, May 21, 2026. Announcement • Feb 16
Haulotte Group SA to Report First Half, 2026 Results on Sep 08, 2026 Haulotte Group SA announced that they will report first half, 2026 results on Sep 08, 2026 Announcement • Feb 11
Haulotte Group SA to Report Fiscal Year 2025 Results on Mar 10, 2026 Haulotte Group SA announced that they will report fiscal year 2025 results at 9:00 AM, Central European Standard Time on Mar 10, 2026 Announcement • May 02
Haulotte Group SA to Report First Half, 2025 Results on Sep 09, 2025 Haulotte Group SA announced that they will report first half, 2025 results on Sep 09, 2025 Announcement • Apr 15
Haulotte Group SA, Annual General Meeting, May 22, 2025 Haulotte Group SA, Annual General Meeting, May 22, 2025. Location: rue emile zola, lorette France New Risk • Sep 24
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 2.5x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.5x net interest cover). Minor Risks Share price has been volatile over the past 3 months (7.2% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (€86.0m market cap, or US$95.6m). New Risk • May 20
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 122% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.0x net interest cover). Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (€80.7m market cap, or US$87.8m). New Risk • Apr 05
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.2x net interest cover). Minor Risks Share price has been volatile over the past 3 months (6.9% average weekly change). Market cap is less than US$100m (€69.8m market cap, or US$75.7m). New Risk • Mar 23
New major risk - Revenue and earnings growth Earnings have declined by 53% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.9x net interest cover). Earnings have declined by 53% per year over the past 5 years. Minor Risk Market cap is less than US$100m (€68.4m market cap, or US$73.9m). Buy Or Sell Opportunity • Mar 23
Now 22% undervalued The stock has been flat over the last 90 days, currently trading at €2.34. The fair value is estimated to be €2.99, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 32% over the last year. Meanwhile, the company became loss making. Buy Or Sell Opportunity • Feb 05
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 6.8% to €2.32. The fair value is estimated to be €2.98, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Meanwhile, the company became loss making. Buying Opportunity • Jan 05
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 13%. The fair value is estimated to be €2.99, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Meanwhile, the company became loss making. Buying Opportunity • Nov 30
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 22%. The fair value is estimated to be €2.98, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Meanwhile, the company became loss making. Buying Opportunity • Nov 09
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 17%. The fair value is estimated to be €3.10, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Meanwhile, the company became loss making. New Risk • Nov 06
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 8.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (0.9x net interest cover). Minor Risks Share price has been volatile over the past 3 months (8.1% average weekly change). Market cap is less than US$100m (€76.3m market cap, or US$82.0m). Buying Opportunity • Oct 19
Now 23% undervalued after recent price drop Over the last 90 days, the stock is down 22%. The fair value is estimated to be €3.09, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • Sep 17
First half 2023 earnings released: €0.01 loss per share (vs €0 in 1H 2022) First half 2023 results: €0.01 loss per share (further deteriorated from €0 in 1H 2022). Revenue: €400.9m (up 38% from 1H 2022). Net loss: €326.0k (loss widened €317.0k from 1H 2022). Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. New Risk • Aug 01
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: €89.4m (US$98.0m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risk Market cap is less than US$100m (€89.4m market cap, or US$98.0m). Reported Earnings • May 08
Full year 2022 earnings released: €0.52 loss per share (vs €0.27 profit in FY 2021) Full year 2022 results: €0.52 loss per share (down from €0.27 profit in FY 2021). Revenue: €608.2m (up 22% from FY 2021). Net loss: €15.3m (down 293% from profit in FY 2021). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 5 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director Anne Fatome was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Sep 13
Investor sentiment deteriorated over the past week After last week's 16% share price decline to €2.80, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 10x in the Machinery industry in Germany. Total loss to shareholders of 51% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €1.40 per share. Reported Earnings • Sep 07
First half 2022 earnings released: EPS: €0 (vs €0.19 in 1H 2021) First half 2022 results: EPS: €0 (down from €0.19 in 1H 2021). Revenue: €289.7m (up 19% from 1H 2021). Net loss: €9.0k (down 100% from profit in 1H 2021). Profit margin: 0% (down from 2.3% in 1H 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Machinery industry in Germany. Upcoming Dividend • Jul 07
Upcoming dividend of €0.22 per share Eligible shareholders must have bought the stock before 14 July 2022. Payment date: 18 July 2022. The company last paid an ordinary dividend in March 2014. The average dividend yield among industry peers is 2.8%. Reported Earnings • May 05
Full year 2021 earnings released: EPS: €0.27 (vs €0.88 loss in FY 2020) Full year 2021 results: EPS: €0.27 (up from €0.88 loss in FY 2020). Revenue: €497.3m (up 13% from FY 2020). Net income: €7.93m (up €34.0m from FY 2020). Profit margin: 1.6% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Over the next year, revenue is forecast to grow 16%, compared to a 9.6% growth forecast for the industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 56 percentage points per year, which is a significant difference in performance. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 6 highly experienced directors. 3 independent directors (5 non-independent directors). Independent Director Anne Fatome was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Sep 18
First half 2021 earnings released: EPS €0.19 (vs €0.29 loss in 1H 2020) The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: €243.3m (up 9.4% from 1H 2020). Net income: €5.58m (up €14.3m from 1H 2020). Profit margin: 2.3% (up from net loss in 1H 2020). Reported Earnings • May 04
Full year 2020 earnings released The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: €438.5m (down 28% from FY 2019). Net loss: €26.0m (down 234% from profit in FY 2019). Reported Earnings • Mar 17
Full year 2020 earnings released The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: €438.5m (down 28% from FY 2019). Net loss: €26.0m (down 234% from profit in FY 2019). Is New 90 Day High Low • Feb 19
New 90-day high: €6.58 The company is up 31% from its price of €5.02 on 20 November 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €1.00 per share. Is New 90 Day High Low • Dec 31
New 90-day high: €6.07 The company is up 53% from its price of €3.97 on 02 October 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 13% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.58 per share. Is New 90 Day High Low • Dec 07
New 90-day high: €5.35 The company is up 23% from its price of €4.36 on 08 September 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €5.72 per share. Is New 90 Day High Low • Nov 20
New 90-day high: €5.02 The company is up 9.0% from its price of €4.62 on 21 August 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €5.60 per share. Is New 90 Day High Low • Oct 29
New 90-day low: €3.89 The company is down 18% from its price of €4.72 on 30 July 2020. The German market is down 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is down 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €2.11 per share. Announcement • Oct 05
Haulotte Group to Report Fiscal Year 2009 Results on 03/11/2010 Haulotte Group announced that they will report fiscal year 2009 results on 03/11/2010 Announcement • Sep 21
Haulotte Group SA(ENXTPA:PIG) dropped from S&P Global BMI Index Haulotte Group SA(ENXTPA:PIG) dropped from S&P Global BMI Index Announcement • Jul 17
Haulotte Group SA to Report First Half, 2020 Results on Sep 08, 2020 Haulotte Group SA announced that they will report first half, 2020 results on Sep 08, 2020