on MANITOU (EPA:MTU)
Manitou Reports Strong Growth in Q3 2026
Manitou Group announced its financial results for the third quarter of 2026, indicating a 12.3% increase in nine-month cumulative revenue, totaling €2,069 million. The third quarter alone saw revenue of €642 million, a 13.0% growth compared to the same period in 2025. This growth is primarily driven by strong performances in European markets and a significant rebound in North American deliveries.
Machine order intake for the first nine months rose by 16.4% to €1,693 million, with the third-quarter intake reaching €512 million, up by 19.3% from 2025. The order book stood at €1,051 million as of September 30, 2026, providing a positive outlook for the year-end.
Manitou's strategic partnership with Hyundai Develon Construction Equipment aims to strengthen its market position. The company's LIFT 2030 plan continues to support its growth objectives despite challenges in the LAPAM region due to geopolitical tensions.
R. P.
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