Company Manitou Group

Equities

MTU

FR0000038606

Heavy Machinery & Vehicles

Market Closed - Euronext Paris 11:35:03 2024-04-26 am EDT 5-day change 1st Jan Change
22.65 EUR -8.30% Intraday chart for Manitou Group -10.30% -2.37%

Business Summary

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%).

Number of employees: 4,838

Sales per Business

EUR in Million2022Weight2023Weight Delta
Products
86.1 %
1,972 83.5 % 2,472 86.1 % +25.39%
Services and Solutions
13.9 %
390 16.5 % 399 13.9 % +2.31%

Sales per region

EUR in Million2022Weight2023Weight Delta
France
17.8 %
472 20.0 % 517 17.8 % +9.39%
United States
14.9 %
307 13.0 % 431 14.9 % +40.25%
Northern Europe
14.9 %
331 14.0 % 431 14.9 % +30.23%
United Kingdom
8.9 %
236 10.0 % 258 8.9 % +9.39%
Italy
6.9 %
189 8.0 % 201 6.9 % +6.36%
Asia Pacific, Africa, Middle East
5.9 %
142 6.0 % 172 5.9 % +21.55%
Germany
5.9 %
142 6.0 % 172 5.9 % +21.55%
Southern Europe
5.0 %
71 3.0 % 144 5.0 % +102.58%
Spain
4.0 %
94 4.0 % 115 4.0 % +21.55%
Belgium
4.0 %
94 4.0 % 115 4.0 % +21.55%
Canada
3.0 %
71 3.0 % 86 3.0 % +21.55%
Australia
3.0 %
94 4.0 % 86 3.0 % -8.84%
Netherlands
3.0 %
-- 86 3.0 % -
Americas
3.0 %
47 2.0 % 86 3.0 % +82.32%

Managers

Managers TitleAgeSince
Chief Executive Officer 58 14-01-12
Human Resources Officer - -
Sales & Marketing - -
General Counsel 57 04-12-31

Members of the board

Members of the board TitleAgeSince
Director/Board Member 72 13-06-27
Chairman 80 69-12-31
Chief Executive Officer 64 08-12-31
Director/Board Member 55 09-05-31
Director/Board Member 58 17-07-23
Director/Board Member 43 17-07-23
Director/Board Member - 21-06-16
Founder 89 57-12-31
Director/Board Member - 20-11-08
Director/Board Member - -

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 39,668,399 9,940,125 ( 25.06 %) 1,401,434 ( 3.533 %) 25.06 %

Shareholders

NameEquities%Valuation
12,733,556 32.10 % 349 M €
10,789,805 27.20 % 295 M €
Yanmar Holdings Co., Ltd.
6.200 %
2,459,440 6.200 % 67 M €
2,062,756 5.200 % 56 M €
1,388,394 3.500 % 38 M €
Crédit Mutuel Asset Management SA
1.859 %
737,369 1.859 % 20 M €
Independance Et Expansion AM SARL
0.5208 %
206,610 0.5208 % 6 M €
Société Mutuelle d'Assurance du Batiment et Travaux Publics
0.3662 %
145,264 0.3662 % 4 M €
Générali Investments Partners SpA SGR (France)
0.3298 %
130,818 0.3298 % 4 M €
Aréas Assurances
0.2949 %
117,000 0.2949 % 3 M €

Holdings

NameEquities%Valuation
1,388,394 3.50% 38,011,451 $

Company contact information

Manitou BF SA

430, rue de l'Aubinière

44158, Ancenis

+33 2 40 09 10 11

http://www.manitou-group.com
address Manitou Group(MTU)

Group companies

NameCategory and Sector
Trucks/Construction/Farm Machinery
Manitou Equipment India Pvt Ltd.

Sales per Business

Sales per region

Trading Rating
Investor Rating
ESG Refinitiv
B-
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
6
Last Close Price
22.65 EUR
Average target price
30 EUR
Spread / Average Target
+32.45%
Consensus

Quarterly revenue - Rate of surprise

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