Manitou Reports Strong H1 2026 Results

Manitou Group has announced its half-year results for 2026, showcasing a strong performance despite global challenges. The company recorded a 12.0% increase in revenue year-on-year, totaling €1,428 million. Q2 alone saw a 15.6% revenue rise compared to the same period last year, driven largely by significant growth in Europe.

Europe emerged as a key growth area with a 16.6% increase, fueled by robust rental and agricultural sectors. However, North America faced setbacks due to tariffs and competition, resulting in decreased revenue. The LAPAM region also saw a decline due to geopolitical tensions, offset slightly by growth in LATAM.

Manitou's recurring operating income improved to €87 million, and net income rose from €33 million in H1 2025 to €51 million. The group credits its optimized industrial efficiency and purchasing performance for this success. The ongoing electrification efforts, including the delivery of new electric telehandlers, highlight Manitou's commitment to its LIFT 2030 strategy.