News
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REGULATED PRESS RELEASE
Q4 2023 Revenues
The Q4 2023 revenues for Manitou Group showed significant growth, with a 22% increase in sales compared to the previous 12-month period. The company's President & CEO expects recurring operating profit for 2023 to exceed 7% of revenues, and anticipates stable revenue in 2024. The press release provides detailed insights into the company's performance, market dynamics, and future projections. -
REGULATED PRESS RELEASE
Finalization of the acquisition of a majority stake in COME and Metal Work
Manitou Group, a world reference in the handling, aerial work platform, and earth moving sectors, has completed the acquisition of a 75% majority stake in the Italian companies COME S.R.L and Metal Work S.R.L. This strategic move aims to integrate the manufacturing of crucial components and support Manitou Group's growth. The acquisition will also enable COME and Metal Work to continue developing their business activities with their customers. -
REGULATED PRESS RELEASE
Manitou Group announces the signing of an additional €160m credit facility
Manitou Group has announced the signing of an additional €160m credit facility, strengthening its financial structure for continued development and investment projects. The credit agreement has been negotiated with a pool of banks and will have a maturity of 5 years with the possibility of a 1-year extension. For more information, visit www.manitou-group.com.
