Manitou Tuesday reported a sharp rise in quarterly sales, but said the second half anticipate a slowdown in orders and a possible impact on delivery times its turnover.
The specialist said all terrain truck build for 2010 growth of 10% to 15% of its turnover, after announcing a 36% increase in sales in the second quarter to 225 million euros, 8.3% throughout the first half, to 387 million euros.
The backlog reached a record level of 5,400 machines at the end of June, said Manitou.
"We focus on our ability to issue orders in a fluid and operational chain still very tense," the group said in a statement.
Manitou has estimated that its order intake for the second quarter allowed him to secure part of his turnover for the second half, but the group expects a slowdown in the second half of the year.
"We continue to believe that these orders are from reports of investment in 2009, the natural cycles of replacement of machinery, and the traditional seasonal effect," the company said.
"However, we do not always signal a real recovery in volumes, either through rental building, expansion of agricultural markets or just a restocking distribution networks," Has added.
The action Manitou closed Tuesday up 1.30%, to 11.68 euros in a market capitalization of around 440 million euros.
