Company Manitou Group

Equities

MTU

FR0000038606

Heavy Machinery & Vehicles

Real-time Euronext Paris 12:35:20 2024-03-28 pm EDT 5-day change 1st Jan Change
25.35 EUR -0.20% Intraday chart for Manitou Group +3.47% +9.27%

Business Summary

Manitou Group specializes in the manufacturing and marketing of handling, lifting and earthmoving equipment for the construction (59% of net sales), agriculture (28%) and industry (13%) markets. Net sales break down by family of products and services as follows:

- handling and lifting equipment (83.5%): 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 (16.5%): 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 2022, the group had 10 manufacturing sites worldwide.

Net sales are distributed geographically as follows: Northern Europe (36.5%), Southern Europe (35.1%), Americas (18.5%) and Asia/Pacific/Africa/Middle East (9.9%).

Number of employees: 4,838

Sales per Business

EUR in Million2021Weight2022Weight Delta
Products
83.5 %
1,535 81.9 % 1,972 83.5 % +28.47%
Services and Solutions
16.5 %
340 18.1 % 390 16.5 % +14.75%

Sales per region

EUR in Million2021Weight2022Weight Delta
France
20.0 %
337 18.0 % 472 20.0 % +40.00%
Northern Europe
14.0 %
281 15.0 % 331 14.0 % +17.60%
United States
13.0 %
244 13.0 % 307 13.0 % +26.00%
United Kingdom
10.0 %
187 10.0 % 236 10.0 % +26.00%
Italy
8.0 %
131 7.0 % 189 8.0 % +44.00%
Asia Pacific, Africa, Middle East
6.0 %
112 6.0 % 142 6.0 % +26.00%
Germany
6.0 %
94 5.0 % 142 6.0 % +51.20%
Australia
4.0 %
75 4.0 % 94 4.0 % +26.00%
Spain
4.0 %
75 4.0 % 94 4.0 % +26.00%
Belgium
4.0 %
75 4.0 % 94 4.0 % +26.00%
Canada
3.0 %
-- 71 3.0 % -
Poland
3.0 %
-- 71 3.0 % -
Southern Europe
3.0 %
56 3.0 % 71 3.0 % +26.00%
Americas
2.0 %
94 5.0 % 47 2.0 % -49.60%

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 71 13-06-27
Chairman 80 69-12-31
Chief Executive Officer 64 08-12-31
Director/Board Member 69 09-11-30
Director/Board Member 55 09-05-31
Director/Board Member 52 09-11-30
Director/Board Member 58 17-07-23
Director/Board Member - 21-06-16
Director/Board Member - 20-11-08
Director/Board Member - 20-09-09

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 39,668,399 9,940,125 ( 25.06 %) 1,405,037 ( 3.542 %) 25.06 %

Shareholders

NameEquities%Valuation
12,733,556 32.10 % 305 M €
10,789,805 27.20 % 258 M €
Yanmar Holdings Co., Ltd.
6.200 %
2,459,440 6.200 % 59 M €
2,062,756 5.200 % 49 M €
1,388,394 3.500 % 33 M €
Crédit Mutuel Asset Management SA
1.859 %
737,369 1.859 % 18 M €
Independance Et Expansion AM SARL
0.5208 %
206,610 0.5208 % 5 M €
Societe Mutuelle d'Assurance du Batiment et Travaux Publics
0.3662 %
145,264 0.3662 % 3 M €
Générali Investments Partners SpA SGR (France)
0.3298 %
130,818 0.3298 % 3 M €
Aréas Assurances
0.2949 %
117,000 0.2949 % 3 M €

Holdings

NameEquities%Valuation
1,388,394 3.50% 33,204,164 $

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
5
Last Close Price
25.35 EUR
Average target price
28.96 EUR
Spread / Average Target
+14.24%
Consensus

Quarterly revenue - Rate of surprise