TELEHANDLER and aerial work platform manufacturer Manitou Group has hailed ‘remarkable momentum’ after reporting revenue of €1.428 million for the first six months of 2026 – a 12% increase compared with the same period in 2025.
For the second quarter of this year alone, revenue reached €780 million, which represents a 15.6% rise in relation to the same quarter last year. Machine order intake for Q2 was €100 million more than in the same period in 2025, climbing from €450 million to €550 million.
Net income for the half-year was €51 million, compared with €33 million in the first six months of 2025. Net debt of €186 million, meanwhile, is down €26 million from the figure at the end of December 2025.
Sylvain Blaise, president & CEO of Manitou, said, “Our business activity in the first half of 2026 demonstrates remarkable momentum, with revenue up 12%. This acceleration was confirmed in the second quarter with robust growth of 15.6%. In a complex global environment, Europe established itself as our primary growth driver (16.6%), driven by the rental and agricultural sectors. Despite headwinds in North America due to tariffs and a LAPAM region impacted by Asian competition and geopolitical tensions in the Middle East, our fundamentals remain strong.”
Manitou added that the company’s order book of €1,092 million provides approximately six months of visibility for machine sales.
The manufacturer stated that the half-year financial performance demonstrates its ability to rebuild margins. Recurring operating income reached €87 million (6.1% of revenue), up by €22 million compared to the first half of 2025.
As part of the group’s energy transition strategy, Manitou is continuing to electrify its ranges with initial deliveries of electric telehandlers, while the creation of the HM Battery Solutions joint venture with Hangcha strengthens the firm’s lithium-ion battery supply chain.
Manitou is now upgrading its full-year 2026 guidance, anticipating revenue growth between 6.5% and +8% (up from 5% previously) and a recurring operating margin between 5.3% and 5.6% (compared to initial guidance of 5%).
