Manitou revenue increased by 12% in the first six months of this year to €1.428 billion.
Up from €1.275 billion in the first half of 2025, the increase follows buoyant Q2 revenue of €780 million; 15.6% higher than the same three months in 2025. Net income was also higher at €51 million (€33m in the first half of 2025).
“Our business activity in the first half of 2026 demonstrates remarkable momentum, with revenue up +12.0%,” comments Sylvain Blaise, president & CEO.
Europe (€1.197 billion) established itself as Manitou’s primary growth driver (+16.6%), driven by the rental and agricultural sectors, as well as market share gains in telehandlers.
The results were not so favourable in North America where the combined effect of tariffs, a market slowdown, and a highly competitive environment saw Manitou revenue fall by 8.3% to €240 million. “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,” continues Mr Blaise.
Driven by first-half momentum and a robust order book, the group is upgrading its full-year 2026 guidance and now expects revenue growth between +6.5% and +8.0% (up from +5% previously).
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