2018-2019 Decelerated Growth - World Ranking List for Industrial Trucks - OMG Industry
←
→
Page content transcription
If your browser does not render page correctly, please read the page content below
World Ranking List
for Industrial Trucks
2018–2019
Decelerated
Growth
As in prior years, the industrial truck market of 2018 and 2018/2019 has
positively developed. Look at the WITS statistics of the ordered and delivered
vehicles, all equipment classes are recording growth. Likewise, almost all of
the manufacturers represented in the world ranking have grown. Through the
publication of their autumn figures and forecasts, the companies are pointing
further development for the current fiscal year. However, we are dealing
with decelerated growth, especially the incoming orders have declined in the
first nine months of 2019, when compared with the comparable period of
Jürgen Warmbold, self-emplo- the previous year. In this respect, the question remains as to whether more
yed specialised journalist, is
the author of the World Ran- investment is required again worldwide. JÜRGEN WARMBOLD
king List for Industrial Trucks
Photo: Toyota
World Ranking 2018/19, with market shares + ranking 2017/18
Manufacturer Rank Rank Trend Mio. EUR World market
18/19 17/18 share as a %
Toyota 1 1 11,247 27.41
Kion 2 2 5,916 14.42
Jungheinrich 3 3 3,796 9.25
Mitsubishi Logisnext 4 4 3,439 8.38
Crown 4 4 2,947 7.18
Hyster-Yale 6 6 2,539 6.19
Kalmar (Cargotec) 7 7 1,617 3.94
Manitou 8 8 1,608 3.92
Anhui Heli 9 9 1,228 2.99
Hangcha 10 10 1,043 2.54
Doosan 11 11 670 1.63
Clark 12 12 669 1.63
Komatsu 13 13 627 1.53
Merlo 14 15 h 405 0.99
Hyundai 15 14 i 395 0.96
Lonking 16 16 296 0.72
Combilift 17 17 252 0.61
Hubtex 18 19 h 72 0.18
Godrej & Boyce 19 20 h 68 0.17
Svetruck 20 21 h 52 0.13
Pramac 21 22 h 41 0.10
Baumann 22 23 h 34 0.08
Genkinger 23 26 h 29 0.07
Stöcklin 24 24 26 0.06
Paletrans 25 25 23 0.06
Magaziner 26 27 h 15 0.04
OMG 27 — 12 0.03
Miag 28 28 11 0.03
14 World Ranking List for Industrial Trucks
World Ranking List
2018/2019
In the year under review 2018, the incoming orders for units trucks (20 per cent) in the year under review. With this, Eastern
increased globally from 1,394,995 (2017) to 1,537,979 accord- Europe has once again achieved a stronger upturn than Western
ing to World Industrial Truck Statistics (WITS). This has resulted Europe. Substantial proportions were contributed by Poland, Rus-
in positive growth for the sixth year in a row — in this case, of sia and Czech Republic.
around 10 per cent (prior year: 18 per cent). In America the growth has been logged among incoming orders
For Europe, WITS has reported an increase of 53,697 to 524,063 from 315,619 (2017) to 328,610 (2018) units, therefore 4.1 per cent.
industrial trucks with regard to orders, measured on 2017 (prior The North American market is responsible for the greater share of
year: 470,366), therefore an 11.4 per cent increase. In Western Eu- this, exhibiting growth of approx. 267,000 (2017) to 277,000 (2018)
rope the market volume has grown by 10 per cent in the year under units (3.7 per cent). Even in Asia the quantity of ordered industrial
review year (435,000) when compared with 2017 (395,000 units). trucks has once again increased, and significantly too from 568,185
Above all, the largest markets have contributed: Germany, in the prior year to 637,201 (2018) and consequently by 12.1 per
France, Italy and Great Britain. In Eastern Europe the market vol- cent. A noticeable contribution to this was made by China, who has
ume increased from around 78,400 (2017) to 94,100 industrial come from approx. 378,000 units (2017) to a handsome 436,000
pieces (2018), thereby growing by 15.3 per
cent. The remaining regions, Africa and
Africa Australia and Oceania
19.164 28.017 Australia/Oceania, recorded an increase
2% 2% from 40,825 (2017) to 48,105 (2018) units
(around 17.8 per cent).
Alongside the regions, the WITS record-
Europe
508.412
ed growth in terms of the various industri-
Asia 34 % al truck classes and the number of ordered
630.310
42 % units. This is applicable to Class 4/5 (inter-
nal counterbalanced combustion trucks),
America
which has positively developed since the
303.620
20 % heavy losses of 2015 for the third year run-
ning. Compared with 2017 (537,955), this
Class has reported growth in the incoming
orders from 6.4 per cent to 572,401 units in
the year under review. With a share of 37.2
per cent in all classes, the Class 4/5 contin-
p Worldwide industrial truck deliveries 2018, division according to continents in units
(source: WITS Information Sheet 2019) ues to be the largest product group by some
distance (prior year 38.6 per cent). Class 1
(electric counterbalance rider trucks) exhib-
its increases of 9.3 per cent, Class 2 (elec-
Electric
Class 1: Electric rider
trucks, counterbalanced
warehouse tric warehouse rider trucks) of 4.4 per cent
Class 4/5:
rider trucks
Internal combustion trucks, 245.800 Class 2: and Class 3 (electric warehouse pedestrian
counterbalanced 16,5 % 136.041 trucks) 16.6 per cent. In terms of the number
555.314 9,1 %
37,3 % of units, the incoming orders for Class 1 were
258,174 (prior year: 236,267), in Class 2 at
Class 3: 141,693 (prior year: 113,741) and for Class
Electric warehouse pedestrian trucks
552.368
3 it was 565,711 (prior year: 485,032) units.
37,1 % The incoming orders for electric in-
dustrial trucks should continue to increase
through the growing B2B-E Commerce sec-
tor, which above all effects the mail-order
trade and therefore requires internal appli-
cations. Despite this, counterbalance trucks
p Designs of industrial trucks: Division of the global production 2018 in items with internal combustion engines will con-
(source: WITS Information Sheet 2019) tinue to be bought in future. Simple equip-
12.2019
World Ranking List for Industrial Trucks 15
ment will continue to be sought after, especially in emerging countries The most important international associations
in which the operators primarily use inexpensive industrial trucks.
Apart from the incoming orders, WITS reports data about deliv- ABIMAQ = Associação Brasileira da Indústria
ered vehicles. After the increase of 2017 amounting to 8.3 per cent, de Máquinas e Equipamentos
the amount in the year under review almost doubled in percentage (economic region Brazil)
from 1,333,790 (2017) to 1,489,523 units (2018), therefore by 11.7 CITA = China Industrial Truck Association
per cent. Additional information can be seen from our graphics on (economic area: PR China)
“the global industrial truck market” and the “worldwide industri- FEM IT = European Federation of Materials Handling, Product
al truck deliveries”. Group Industrial Trucks (economic region Europe)
ITA = Industrial Truck Association
(Sources: WITS Information Sheet 2019; Jungheinrich and Kion com-
pany reports)
(economic area: USA, Canada, Mexiko)
JIVA = Japanese Industrial Vehicles Association
Future prospects In the third quarter of 2019 (cumulative), the (economic region Japan)
world market volume for industrial trucks (incoming orders based KOCEMA = Korean Construction Equipment Manufacturers
on number of units) decreased from 1,163,606 to 1,113,302 units. Association (economic region South Korea)
This means that for the first time again in many years, fewer vehi- SIMHEM = Society of Indian Materials Handling Equipment
cles have been ordered (-4 per cent). Class 1 orders decreased from Manufacturers (economic region India)
192,135 units to 183,211 units, while total orders for warehouse sys-
tems (Classes 2 and 3 combined) decreased from 530,354 to 521,826, Non-listed manufacturers
and Class 4/5 orders decreased from 441,117 to 408,265. Based on
these results, a reduction is also expected for the entire year under The prerequisite for being included in the
review 2019 or 2019/2020. world ranking list is a minimum turnover of
Of the 1,113,000 industrial trucks ordered to date in 2019 worldwide 10 million euros in the year under review.
(January to September), approx. 364,000 (32.7 per cent) are to be at- Consequently, the predominant share of the
tributed to Europe, of which 64,000 to Eastern Europe. With about worldwide operating industrial truck manu-
498,000, Asia has a share of 44.7 per cent, to which China has con- facturers is not specified in this list.
tributed 351,000. North America is responsible for 183,000 incoming Practically all suppliers of industrial truck vehicles that meet this
orders (16.4 per cent) and the other regions 68,000 (6.1 per cent). minimum-turnover criterion view their inclusion in this ranking list
positively and indeed use it for marketing purposes. However, there
(Sources: WITS Information Sheet Q3-2019; Jungheinrich quarterly
release Q3-2019) are also major manufacturers that do not wish to participate in the
ranking. Therefore, this list does not claim to be complete.
We wish to emphasise that the rankings shown are exclusively based
Change as the new constant Every year there are some com- on the company’s turnover in the respective fiscal year in euros. The
panies that leave the world ranking list, while others join it. In the world ranking list does not provide any information about delivered
year under review 2018 and 2018/2019 respectively, there was one units or the skills and abilities of the respective manufacturers.
departures and one addition. On the one hand, Zhejiang Maximal
Forklift, VR China, departed the world ranking list, because Hys- Appeal to the readers
ter-Yale took-over the company. On the other hand, the Italian
manufacturer OMG entered again after a break in 2017. It was a top priority for the editorial depart-
ment to evaluate the numerical data and all
Market shares of the companies Since manufacturers of indus- other information with the greatest care and
trial trucks do not report their market share in terms of market to produce the world ranking list objectively.
value, but rather in terms of quantity (if they do so at all), we have Due to the large volume of information and
created an alternative table showing the market-share percentag- the different definitions and financial requirements in the individual
es of the value proceeds of all companies involved, based on the countries, errors cannot be ruled out. We ask you, dear readers, for
turnover reported in the world rankings. This resulted in a sum your understanding. Should any errors have been made, please inform
that we supplemented with an estimated number in the amount us about them. We will publish the necessary corrections in the next
of 5 per cent. The total sum thus reached should correspond ap- world ranking list.
proximately to the size of the global market. Due to the calculation
of the market shares according to value turnover, we provide an
Thank you to those who took part
additional angle from which to view the market. This is an impor-
tant approach, especially in view of the fact that the average price At this point, the editorial department wishes to thank the compa-
for individual industrial trucks can range from a few hundred eu- nies and their employees that actively contributed to the creation
ros for a hand pallet truck, up to approximately one million euros of this world ranking list and thereby contributed to their own
for a reach stacker. continued success.
16 World Ranking List for Industrial Trucks
The influence of foreign exchange rates As the world rank-
ings for industrial trucks are compiled in the euro zone, we state
1.489.523
the turnover in euros. We do this even though the countries that
1.333.790
do not belong to the euro zone are obliged by local laws to file fi-
1.152.857
nancial reports in their national currency.
Up until the 2013 year under review, or 2013/2014 respectively,
in such cases we converted the respective company’s results accord-
ing to the rates published by the European Central Bank (ECB) at
the fiscal year end and entered the values into the “World Ranking
List Conversion Table”. As a reaction to the steep decline of the
euro in the first quarter of 2015 in comparison with the US dollar
2016 2017 2018 or the yen, for example, the editorial department calculates the for-
eign currency values reported for the dhf world rankings from fiscal
p Global market for industrial trucks: Deliveries 2016 to 2018 in units
(Source: WITS Information Sheet 2019) year 2014 and 2014/2015 respectively via the annual mean exchange
rates in euros. These refer to the corresponding calendar year, in
which at least nine months of the fiscal year of every company fall.
2016 Due to fluctuations in the exchange rate, which also cannot be
440.186
413.590 excluded in the future, it has become clear that the present prac-
tice of setting the rate at the last day of the fiscal year in question
can lead to inaccurate assessments. Comparability with previous
263.646
years is still ensured because the deviations that resulted from the
conversion are less significant than those that would have occurred
due to strong exchange rate fluctuations.
The dhf world ranking list still also includes the annual turn-
over in terms of the company’s national currency and therefore
provides a unique selling point by making a realistic comparison
of the manufacturers of industrial trucks possible in the first place!
16.285 19.150
Europe America Asia Africa Australia+Oceania
Explanatory notes about the list
2017 • The World Ranking Table shows the individual companies in
555.663 descending order of the turnover for industrial trucks. They
are listed with their logo, abbreviated names and the country in
460.620
which they are headquartered. The proceeds are consolidated
net turnover without interdivision and intercompany turnover.
• We have included manufacturers that disclosed a turnover vol-
276.698 ume of at least 10 million euros for industrial trucks in the year
under review.
• Analogous to the practices of renowned producers, we show the
data of the last five years, if possible.
18.341 22.468 • The exchange rate table is based on the euro. We converted the
Europe America Asia Africa Australia+Oceania
currencies in accordance with the rate tables of the European
Central Bank (ECB) based on the annual mean values.
2018 • The information about the profit or loss of the respective manu-
facturer refer to the entire company. We do not list the associat-
630.310
ed numerical data in the table. Instead, we state “P” for “Profit”,
508.412 “L” for “Loss” and “U” for “Unknown”. In comments about the
company, we only expand on the results achieved on an occa-
sional basis.
303.620 • The main table contains columns for the number of employ-
ees of the entire company and the industrial trucks area. For
manufacturers with mixed production, the personnel strength
can often not be exactly defined in the industrial truck division.
19.164 28.017 Therefore, some fields have remained blank.
Europe America Asia Africa Australia+Oceania
• In addition to the main table, we publish a quick overview with
p World market of industrial trucks 2016 to 2018, division according to the industrial trucks turnover in euros, with the market shares
continents, deliveries in units (source: WITS Information Sheet 2019) resulting from the individual proceeds, as well as the direction of
12.2019
World Ranking List for Industrial Trucks 17 motion for the placements in comparison to the previous year. • Some of the manufacturers listed in our world ranking list are limited liability companies that are legally obligated to create and publish annual reports in terms of the Commercial Codes of the producing countries. According to these annual reports, which we have analysed closely, we can group the companies according to the necessary criteria. The annual reports usually include profit and loss statements, balance sheets, as well as cash flow statements from which the company’s productivity and resistance to crisis can be determined. Apart from this, we take facts and figures from in- formation published online and, as far as possible, check whether the company’s internet presence is up-to-date. Additionally, we send all manufacturers a questionnaire. The information thus provided by the companies is subjected to a plausibility check by the editorial department if no other information was submitted. Fortunately, the companies are very happy to supply information. There are only a few companies that do not provide information and also do not report their turnover via their websites. In these cases, we make a projection of the turnover based on the prior year according to the changes in the respective country. © guguart Adobe Stock Photo
18 World Ranking List for Industrial Trucks
© Stockfoto_Thomas Griger
World Ranking List
2018/2019 Comments
Companies in ranked order
1 Toyota Industries Corporation (1 April to 31 March) and not the J-GAAP ceeds of JPY 1,102,951 million (prior year:
Japan (Generally Accepted Accounting Principles JPY 1,057,011 million), which amounts to
For a number of years the Toyota Material in Japan), the earlier data listed in the world growth of 4.3 %. Of this, TMHG accounts
Handling Group (TMHG) — a division of ranking list is not comparable with the last for JPY 727,267 million (66 %). In the fore-
Toyota Industries Corporation (TICO) — three fiscal years. cast for the fiscal year 2019/2020, TICO ex-
remains the leader of the world ranking list. According to TICO’s company report, pects net turnover of JPY 2,220 billion and
The Japanese Group has declared an increase TMHG sold 300,000 units in the year un- a net profit of JPY 151 billion.
in net turnover for the 2018/2019 year under der review 2018/2019, surpassing the prior In 2019, the electric forklift truck Traigo
review from 2,003.9 billion to 2,214.9 billion year’s result (263,000) by 14 %. In the Jap- 80 by Toyota Material Handling was award-
JPY (10.5 %). Denominated in euros, this anese industrial trucks market, Toyota sold ed the German Design Award in the “Ex-
represents an increase from 15,815 million to approx. 47,000 industrial trucks — a 9.3 % cellent Product Design” category and with
16,986 million (7.4 %). TMHG has increased increase on 2017/2018 (43,000). In Europe, the iF Design Award.
their turnover from 1,283.1 billion to 1,466.7 during the same period, 95,000 units (prior u www.global-toyotaforklifts.com
billion JPY (14.3 %) or, when converted, year: 92,000) were delivered, an increase of
from 10,126 million euros to 11,247 million 3.3 %. In the North American market, where 2 Kion
(11 %). As net profit, the Group generat- Toyota is the self-declared market leader Germany
ed 152.7 billion JPY (1,171 million euros). as in Japan, sales increased in 2018/2019 The Kion Group is, as before, in second place
TMHG contributed approximately 66 % of to 98,000 units (prior year: 88,000), there- on the world ranking list. The segment In-
the Group’s proceeds. The total workforce fore increasing by 11.4 %. In ALOMA (Asia, dustrial Trucks & Services, which is pivot-
has also increased from 61,152 employees Latin America, Australia and Oceania, the al in their positioning, encompasses four
(2017/2018) to 64,641 (2018/2019). By con- Middle East and Africa,), TMHG sold 60,000 regionally operative units. Linde Material
trast, the number of employees at TMHG units in the year under review (prior year Handling EMEA and Still EMEA concen-
has slightly decreased from 41,022 to 39,342. 40,000). During the autumn of 2019, TICO trate on Europe, the Middle East and Afri-
As TICO’s Reporting Standards, inclu- published its consolidated results for the 2nd ca. Kion APAC operates as a multi-brand
sive of their subsidiaries, have been based on quarter of fiscal year 2019/2020 in a finan- business for the Asia-Pacific region and Kion
the IFRS (International Financial Reporting cial summary. Group-wide, the report of Americas is responsible for North and South
Standards) since the fiscal year 2016/2017 the first and second quarters shows net pro- America. In addition to industrial trucks and
12.2019
World Ranking List for Industrial Trucks 19
warehouse systems, Kion also provides sup- to EUR 6,534.5 million and thus by 2.6 %. EBIT. It reported growth of 6.2 % to EUR
port for financial services in the Industrial Turnover increased from EUR 5,770.3 mil- 275 million (prior year: EUR 259 million).
Trucks & Services segment linked to this. lion*) (2018) to EUR 6,524.2 million (2019) Jungheinrich generated 87 % (prior
Overall, the Kion Group increased its net by 13.1 %. In the consolidated results (net year: 88 %) of its Group sales from its Eu-
turnover in the 2018 fiscal year, when com- profit), Kion achieved an increase of 39 % ropean core market. Its revenues in Ger-
pared with 2017, from EUR 7,598.1*) to EUR from EUR 243.8 million (2018) to EUR 338.9 many increased by 5.8 % to EUR 900 mil-
7,995.7 million, an increase of 5.2 %. The million (2019). The number of employees lion (prior year: EUR 851 million), while
Group recorded a decrease in net profit from (34,438) is higher than on the balance sheet its foreign turnover (rest of Europe: EUR
422.5*) to 401.6 million euros (-4.9 %). At date 31.12.2018. Looking at the product cat- 2,396 million, other countries EUR 500
EUR 8,656,7 million (prior year 7,979,1 mil- egories, in the first three quarters of 2019 million) rose by 12.1 % to EUR 2,896 mil-
lion), incoming orders increased by 8.5 %. the Industrial Trucks & Services segment lion (prior year: EUR 2,584 million). In the
Adjusted for effects from purchase price grew by 10.95 % when compared with the year under review, the international share
allocations as well as one-time and special same period in 2018 from EUR 4,231.9 mil- was at 76 %, prior year at 75 %. The share
effects, the Kion Group generated growth lion to EUR 4,695.3 million. New business of non-European turnover in Group sales
from EUR 777.3 million*) to EUR 789.9 (EUR 2,452.7 million) and service business was 13 % (prior year: 12 %).
million (1.6 %) in EBIT. (EUR 2,242.6 million) have both increased. The value of Jungheinrich’s incoming
In the Industrial Truck & Services seg- The awards that the Kion Group received orders across all business areas (new busi-
ment, the company generated external sales in 2019 are distributed amongst Linde MH ness, rentals, used machines and after-sales
of EUR 5,916.3 million in the year under re- and Still. Linde MH is the winner of the service) in 2018 was EUR 3,971 million,
view, which corresponds to an increase of ETM Awards Best Brands in the “Industri- which corresponds to an 11.5 % increase
6.3 % (2017: 5,568.2 million*)). In terms of al Trucks” category and of the Excellence over the prior year (EUR 3,560 million).
global market share, Kion reports 14.1 % for Awards in the “inter-RAMP” division of The Group feeds more than 20 % of this to
the segment based on the number of units the inter airport Europe trade fair for the a higher demand for logistical system solu-
sold (prior year 14.4 %). “Linde Safety Guard”. In addition to this is tions. In terms of quantity, the company’s
If you divide the turnover by sales re- the Dekra Award for the “Interactive Safety incoming orders with regard to new busi-
gion, an up down pattern is recorded. Thus Vest” for “Safety in the Workplace”, as well ness increased by 6.1 % (prior year: 13.1 %)
in 2018, the Kion Group increased turno- as the German Design Award in the “Utili- to 131,000 units (prior year: 123 500) At
ver in Western Europe by 4.4% to 4,769.9 ty Vehicles” category. Still was awarded the 121,000 industrial trucks, the production
million, and in Eastern Europe by 8 % to IFOY AWARD in the AGV & Intralogistics figures slightly exceeded those of the pri-
592.3 million, compared to the prior year. Robot category for its tugger train with the or year 120,100.
On the other hand, the Group recorded a LTX50 towing tractor and automatic load- Parallel to the increases in turnover and
loss of 2.2 % to EUR 879.3 million for the ing and unloading. The award “Best Logis- incoming orders, Jungheinrich re-intensi-
Asia-Pacific region. In North America, its tics Brand” of the Logistik Heute magazine fied its investments in research and devel-
revenues increased by 17.3 % to EUR 1,486.3 was awarded to both companies. Still for opment. Expenses in this area amounted to
million in the year under review. In Central second place in the industrial trucks cate- EUR 84 million in the year under review.
America and South America revenue in- gory, Linde MH for third place. This corresponds to an increase of 9.1 %
creased by 6.4 % to EUR 173.5 million, and u www.kiongroup.com compared to EUR 77 million in the prior
in the Middle East and Africa it dropped by year. Jungheinrich also expanded its work-
38.5 % to EUR 94.5 million. By the end of 3 Jungheinrich force by 1,629 to 17,877 employees (as at
2018, the number of employees across the Germany 31 December 2018). Of the total workforce,
Group had increased from 31,608 (2017) Jungheinrich AG has recorded increasing 10,499 employees were stationed abroad
to 33,128 (4.8 %). In the industrial trucks turnover for years. Compared with the pri- (prior year 9,286) and 7,378 in Germany
sector, the number of employees grew from or year, turnover in the year under review (prior year 6,962).
24,090 (2017) to 25,533. The total expend- 2018 has increased from EUR 3,435 million In its quarterly release of 06 November
iture for the Kion Group remained con- to EUR 3,796 million, thus by 10.5 %. A re- 2019, Jungheinrich confirmed the growth
sistent for Research and Development. At sult through which the Group is edging into trend it is experiencing. At EUR 3,014 mil-
EUR 137.7 million, expenses in 2018 were reachable distance of their target turnover lion, its incoming orders were 0.6 % high-
slightly higher than in the prior year (EUR of 4 billion euros in the 2020 fiscal year. In er than in the comparative period of 2018
137 million). In the first three quarters of the year under review, broken down by seg- (EUR 2,996 million). In terms of turnover,
the fiscal year 2019, the Kion Group’s in- ment, EUR 2,960.7 million was generated the Group posted growth of 10.1 %, based
coming orders increased in comparison to by intralogistics and EUR 835.7 million by on a cumulative result of EUR 2,972 mil-
the cumulative data for the respective 3rd financial services. Jungheinrich’s net profit lion (2018: EUR 2,699 million). The value
quarter from EUR 6,369.3 million (2018) recorded a marginal loss, namely by 3.3 % of its orders on hand, at EUR 957 million
from EUR 182 million (2017) to EUR 176 (-8.2 %), remains below that of the equiv-
*) The figures for 2017 were adjusted due to million (2018). The Group also achieved alent period of the prior year (EUR 1,043
use of IFRS 15 and IFRS 16 for the first time. its best performance to date with regard to million). For the period from the first to
20 World Ranking List for Industrial Trucks
the third quarter 2019, the company re- ards) but on J-GAAP (Generally Accepted these are counterbalance lift trucks, as well
ported earnings after taxes of EUR 132 mil- Accounting Principles in Japan). If Mitsub- as reach trucks and high rack stacker, low
lion (prior year period: EUR 125.7 mil- ishi Logisnext had converted the account- and high lift trucks, order pickers and tow-
lion), which represents an increase of 5 %. ing principles to IFRS, like, for example, ing tractors. The company also manufac-
Compared to the first nine months of the another Japanese manufacturer of material tures multi-purpose vehicles and has addi-
prior year, the number of employees also handling vehicles, the recorded turnover tionally been manufacturing LPG-powered
increased from 17,585 to 18,404. figures would have dropped less. lift trucks since 2015. In addition to this
In the current year, Jungheinrich has In 2018/2019, Mitsubishi Logisnext had wide range, Crown develops and sells auto-
been awarded an IFOY Award, namely in obtained, with around 11,000 employees, mation and fleet management technologies.
the “Warehouse Truck of the Year 2019” approx. 41 % of the net turnover on the According to Crown’s statement, one
category for the ETV 216i, the first reach domestic market. The remaining 59 % was would assume, on the whole, a positive
truck worldwide with an entirely integrat- generated across America (32 %), Europe economical environment and a constant
ed lithium-ion battery. Alongside the IFOY (18 %) and the other Asian countries (9 %). market situation in the short and medi-
Award, the ETV 216i has been awarded the The company delivered 116,000 units (pri- um term. However, one would also expect
“iF Design Award 2019” prize in the “Auto- or year: 113 000). less dynamic growth and, with regard to
mobiles/Vehicles” category, and also with In the 2019/2020 forecast, Mitsubishi the global economic development, a clear-
the “German Design Award Gold 2019” in Logisnext is assuming net proceeds of JPY ly higher susceptibility to fluctuations.
the “Industry” category. Jungheinrich also 460,000 million (2018/2019: 448,381), net u www.crown.com
received the “German Design Award 2019” profit of JPY 9,000 million (prior year: 7,077
for the electric low-platform truck EJE 116. million) and with regard to the sold units 6 Hyster-Yale Materials Handling
Furthermore, Jungheinrich was consid- of 119,000 (prior year: 116 000). USA
ered for the “Best of Industry Award” in Two subsidiaries of Mitsubishi Logis- As in the prior year, Hyster-Yale Materials
the operating technology category for the next have been given awards for their prod- Handling Inc. has recorded an increase in
high-frequency battery charge system SLH ucts in 2019. The electric counterbalance lift turnover in the year under review. In 2018,
300. In addition to this, Jungheinrich was truck TX3 by Unicarriers Europe received the company generated growth of 10 % with
awarded first place in the “Best Logistics the IFOY Award in the “Counter Balance USD 3,174.4 million, compared with USD
Brand 2019” in the industrial trucks cate- Truck” category, the electric counterbalance 2,885.2 million in 2017. Turnover was gener-
gory. u www.jungheinrich.de lift truck EP14-20A(C) N(T) by Caterpillar ated by the subsidiaries Hyster-Yale Group,
received the Red Dot Award. Inc. (USD 2,998.4 million), Bolzoni SpA, It-
4 Mitsubishi Logisnext u www.logisnext.com/en/ aly, (USD 200.9 million) and Nuvera Fuel
Japan Cells, LLC, USA, (USD 12.3 million). The
The Mitsubishi Logisnext Co., Ltd., Kyo- 4 Crown Equipment Corp. turnover from the manufacturer of indus-
to (Japan), achieved another increase in USA trial trucks, Hyster-Yale Group, formed an
terms of net sales in 2018/2019 (1 April to The Crown Equipment Corporation, New increase of 10.1 % originating from USD
31 March). The proceeds increased from JPY Bremen, Ohio (USA), continues to exhibit 2,723.8 million (2017). With the net turnover
433,092 million (2017/2018) to JPY 448,381 growth in 4th position on the world rank- in euros, the Hyster-Yale Group has attained
million, therefore not a clearly as in the pri- ing list, which the company shares, as in an increase from 2,411 million to 2,539 mil-
or year. This represents an increase of 3.5 %. the prior year, with Mitsubishi Logisnext lion (5.3 %). In the current world ranking
In euros, as the most significant currency in (see Mitsubishi Logisnext). In the fiscal year list, this still achieves 6th position. Broken
terms of the world ranking list, we deter- 2018/2019 (April to March), Crown grew down by sales region, the Hyster-Yale Group
mined a marginal increase from 3,418 mil- its net turnover from USD 3,080 million to generated turnover of USD 1,987.5 million
lion to 3,439 million. Mitsubishi Logisnext USD 3,480 million, an increase of 13 % com- in the Americas, USD 768.8 million in the
recorded a great leap in its net profit, which pared to the prior year. In euros, the most EMEA Economic Area (Europe, Middle East
during the year under review increased by significant currency in terms of the world and Africa) and USD 242.1 million in Japan.
140.6 % from JPY 2,941 million to 7,077 mil- ranking list, its net revenue increased from The number of sold units also increased
lion. Denominated in euros, this represents EUR 2,726 million to EUR 2,947 million from 93,400 (2017) to 101,900 (2018). Of
an increase from EUR 23 million to EUR 54 (8.1 %). At the end of the year under review, these, 61100 relate to the US market, 30,000
million (134.8 %). the company had 16,100 employees (prior to the EMEA economic area and 10,800 to
On the world ranking list, Mitsubishi year: 15 500). Crown, one of the family-led the Asian market.
Logisnext is in 4th position, which they companies in its fourth generation, oper- Hyster-Yale Materials Handling records
share with Crown. The dhf Intralogistik ates regional plants in Germany, Australia, a net profit decreased from USD 48.6 mil-
editorial department sees this as fair to at- China and Singapore. The sales and service lion (2017) to USD 34.7 million (-28.6 %),
tribute both companies fourth position be- network involves more than 500 locations around EUR 43 million to EUR 29 million
cause the sales and profits named by Mit- in more than 80 countries. (-33 %). The industrial trucks segment gen-
subishi Logisnext are not based on IFRS Its product range comprises, above all, erated net profits in the amount of USD
(International Financial Reporting Stand- battery-electric industrial trucks. Among 56.7 million in 2018. Compared with 2017
12.2019
World Ranking List for Industrial Trucks 21
(USD 71.8 million), this is a loss of 21 %, 1,617.1 million. In terms of incoming orders, 1,884 million (18.4 %), and in the industri-
which can be primarily traced back to the Kalmar reported a clear increase from EUR al truck division from EUR 1,339 million
effects of customs on Chinese components. 1,555 million*) (2017) to EUR 1,919 million to EUR 1,608 million (20 %). The compa-
In addition to the Hyster and Yale (2018), thus 23.4 %. ny reported an increase in net profit from
brands, the Hyster-Yale Group offers Uti- In terms of industrial trucks, Kalmar EUR 60 million (2017) to EUR 84 million
lev as a cost-effective alternative for tasks supplies, above all, reach stackers to con- (2018). That amounts to 40 %.
that do not require special features or ac- tainer handling and intermodal handling, The number of employees within the
cessory equipment. The number of employ- in addition to internal counterbalanced 1958 founded Manitou Group increased
ees at Hyster-Yale Materials Handling as of combustion trucks with load-bearing capac- from 3,900 (2017) to 4,400 (2018). The
31/12/2018 increased to 7,700 (prior year ities from 5 to 72 t. In addition, its product Manitou Group, which is by its own ac-
6,800) and at Hyster-Yale Group to 5,700 range includes electric counterbalanced rid- count is the worldwide market leader for
(prior year 5,500). er trucks, straddle carriers, shuttle straddle all-terrain material handling machinery,
In June 2018, Hyster-Yale Materials carriers, terminal tractors, crane and auto- conducts its manufacturing operations at
Handling announced the acquisition of mation solutions. its headquarters in France and at other loca-
75 % of the shares of Zhejiang Maximal As of the end of the year, the num- tions in France, Italy and Brazil. The Group
Forklift Co., Ltd. and renamed the Chi- ber of employees in the Group increased owns the five brands Manitou, Gehl, Mus-
nese industrial truck manufacturer to Hys- from 11,251 (2017) to 11,987 (2018). Kal- tang, Loc and Edge.
ter-Yale Maximal Forklift (Zhejiang) Co., mar reported a slight decrease in its work- Manitou reports the revenues of its Ma-
Ltd. The revenues have been included in the force from 5,819 (2017) to 5,737 employ- terial Handling and Access (MHA) and
analysis since the acquisition date. ees. Broken down by market, 48.7 % of Compact Equipment Products (CEP) busi-
In the first nine months of the fiscal Cargotec’s turnover is generated in Eu- ness segments on a consolidated basis. The
year 2019, Hyster-Yale Materials Han- rope, the Middle East and Africa, 19.8 % MHA division (2018 turnover: EUR 1,294
dling generated increased turnover of USD in the Asia-Pacific region and 31.5 % in million, 2017: EUR 1,095 million), which
2,338.3 million compared to USD 2,457.0 America. In comparison to the Cargotec achieved an increase of 18.2 %, includes in-
million for the equivalent period of 2018, fields of business, Kalmar is at 49.0 % (pri- ternal counterbalanced combustion trucks
representing a 5.1 % increase. The Group’s or year 49.5 %), MacGregor at 16.3 % and and electric counterbalanced rider trucks,
industrial truck business also posted growth Hiab at 34.7 %. fixed and rotary telehandlers, all-terrain
in the same period, from USD 2,204.2 mil- Looking at the first nine months of forklift trucks, towing tractors, high and
lion to USD 2,326.0 million (5.5 %). Con- 2019, compared with the prior year’s pe- low lift trucks, truck-mounted transportable
trary to this, the company’s net profits de- riod, Cargotec increased the proceeds from forklift trucks and aerial work platforms.
creased from USD 35.9 million to USD 32,4 EUR 2,394 million to 2,669 million (11.5%). The CEP division, whose sales in 2018 in-
million (- 10 %) and those realised by the With regards to the net profit, the Group creased to EUR 314 million from EUR 244
industrial trucks division from USD 50.4 reported an increase from EUR 73.9 mil- million in the prior year (28.7 %), includes
million to USD 49.4 million (-2 %). In the lion (2018) to 89.7 million (21.4 %). When telehandlers, wheel loaders and compact
first three quarters of 2019, Hyster-Yale compared to the first three quarters, Kal- excavators. u www.manitou-group.com
Materials Handling reported sales of 75,500 mar generated a turnover of EUR 1,252
units (prior year: 74,300). million in the same period, prior year EUR 9 Anhui Heli
u www.hyster-yale.com/ 1,174 million, thus an increase of 6.6 %. People’s Republic of China
Kalmar’s incoming orders decreased from The Anhui Heli Co., Ltd. Has again increased
7 Cargotec 1,469 million euros to 1,329 million euros the net turnover. Compared to 2017 (8317
Finland in the same period (-9.5%). million), the growth amounts to 15.3 % to
The Cargotec-Group, Finland, has recod- u www.cargotec.com CNY 9,587 million. Denominated in eu-
ed growth for the year under review 2018 u www.kalmarglobal.com ros, the company also reported a clear in-
following two declines in turnover. Com- crease, from EUR 1,090 million to EUR
*) Regarding the 2017 results, they have
pared to 2017 with 3 249.8 million euros, the been retrospectively adjusted on the
1,228 million (12.7 %). Even more clearly,
Group’s proceeds for 2018 have increased grounds of the accounting principles adop- the net profit increased from CNY 408 mil-
moderately by approx. 1.7 % to EUR 3,303.5 ted by Cargotec pursuant to IFRS standard. lion (2017) to CNY 583 million (2018), thus
million. By contrast, the net profit has de- 42.9 %. Parallel to the turnover, the number
creased in the year under review from EUR 8 Manitou of delivered units also increased. In 2017,
132.7 million (2017) to EUR 108 million France Heli sold 121,033 industrial trucks, and on
(-19 %). The manufacturer of industrial The Manitou Group, Ancenis (France), has this basis in 2018 generated growth of ap-
trucks, Kalmar, which belongs to the Car- increased their turnover over the last five prox. 10 % with 133,178 units. The whole
gotec Group, likewise records an increase years. The success can be attributed to the Group employed 7,467 employees at the
in net turnover during 2018 as compared whole Group and the industrial truck divi- year end, 4,850 of which were in the indus-
with 2017. The proceeds have increased by sion. As compared with 2017, its net revenue trial trucks segment. In the world ranking
1.3 % from EUR 1,596.6 million*) to EUR increased from EUR 1,591 million to EUR list, Heli continues to hold 9th position and22 World Ranking List for Industrial Trucks
remains the number 1 among Chinese in- combustion trucks and electric counterbal- 2018. In euros, the most significant currency
dustrial truck manufacturers. anced rider trucks, reach trucks, lift trucks, in terms of the world ranking list, an increase
Anhui Heli sells its products through side loaders, warehouse equipment, reach (12.2 %) from 596 million to 669 million is
a network of dealers spanning more than stackers, handlers for empty containers and reported for 2018 when compared with 2017.
80 countries and distributes its industrial explosion-proof industrial trucks. Hangcha The company did not reveal whether a
trucks worldwide in more than 140 coun- operates a network of more than 60 sales profit or loss was generated on this occasion.
tries and regions. The product portfolio and service companies, 140 domestic deal- It remains unclear why Young An Group,
of this manufacturer, which is based in ers and 70 foreign agents. which is also based in South Korea and has
Hefei in Anhui province, includes inter- u www.hcforklift.com been Clark’s parent company since 2003, has
nal counterbalanced combustion trucks again declined to report Group sales figures.
and electric counterbalanced rider trucks, 11 Doosan Corporation The number of employees assigned to the
warehouse trucks, towing tractors, reach South Korea industrial trucks division still amounts to
stackers, empty-container handlers and The net turnover of the Doosan Corpora- approximately 1,500. Group-wide, the num-
wheel loaders. tion Industrial Vehicle increased from KRW ber of employees has increased from 13,000
The joint venture founded in December 785,961 million (2017) in the year under (2017) to 13,200 (2018).
2015 by Heli and Jungheinrich —Junghein- review to KRW 870,071 million (10.7 %). The company’s product range compris-
rich Heli Industrial Truck Rental (China) Denominated in euros, the company also es warehouse trucks, for example electric
Co. Ltd., Shanghai — has the broadest, na- reported growth from EUR 616 million*) to high and low-lift trucks, reach trucks, elec-
tionwide, organised sales and service net- EUR 670 million (8.8 %). The Holding Doo- tric counterbalanced rider trucks and inter-
work. Both companies hold a 50 % share san Corporation likewise increased their net nal counterbalanced combustion trucks (gas
in the joint venture, the largest lessor of proceeds, thus from KRW 16,913,443 mil- and diesel), as well as towing tractors. Clark,
industrial trucks in China. The rental fleet lion*)) (2017) to 18,172,167 million (7.2 %). inventor (according to their own statement)
includes approximately 4,000 units of all After a net profit of KRW 45,949 million of the forklift, operates a worldwide distribu-
designs. u http://en.helichina.com (2017), the Holding reported a loss in 2018 tor network with more than 450 distributors
of 341 million (2018). The number of em- in over 90 countries. CLARK Europe GmbH,
10 Hangcha Group ployees across the Group increased from based in Duisburg, attends the regions Eu-
People’s Republic of China 37,900 to 39,400 in 36 countries. rope, the Middle East and Africa with over
As a specialist in industrial trucks, Zhejiang For the current year, 2019, Doosan Cor- 170 dealers in 60 states.
Hangcha Imp. & Exp. Co., Ltd, a subsidi- poration Industrial Vehicle anticipates a u www.clarkmheu.com
ary of the Hangcha Group, headquartered net turnover of KRW 976,000 million. The
in Hangzhou City in Zhejiang province, Group calculates net proceeds for 2019 of 13 Komatsu
was able to increase net turnover from CNY KRW 20,153 million and a net profit of Japan
6,982 million (2017) to CNY 8,146 million KRW 457 million. In its consecutive second year of increasing
in the year under review. When doing this By its own account, Doosan, which was Group turnover, Komatsu Ltd. Tokyo has
it must be considered that we had to work established in 1896, is the oldest corpora- reported growth from JPY 2501107 mil-
with details in the prior year that we found tion in Korea. In addition to its activities lion (2017/2018) to JPY 2,725,243 million
on the homepage of the US trade journal in the industrial trucks segment, Doosan (2018/2019). This represents an increase
“Modern Material Handling”, since the com- Corporation also operates in the construc- of about 9 %. In euros, the revenue in the
pany would not respond to our requests for tion vehicles, energy, water and hydraulic year under review (2017/2018) has increased
turnover or other information. Against this engineering, motors, chemicals and ma- from EUR 19,739 million to EUR 20,899
background, it is superfluous to compare chine tools sectors. u www.doosan.com million, thus by about 6 %. Unfortunately
the values of the fiscal year 2017 with those the company did not provide any informa-
*) The 2017 net turnover of the Doosan Corpo-
of 2018, which Hangcha provided this year. ration Industrial Vehicle and the Group have
tion regarding the industrial trucks area. It
The net turnover amounts to CNY 8,443 mil- been retrospectively reduced. The reasons is for that reason that, based on the connec-
lion in relation to 2018, whereby, based in named by the Group are adaptations for re- tions between the Group and the industrial
linquished business segments and for conso-
the currency conversion, amounts to EUR truck turnover over the last few years, it is
lidation procedures.
1,081 million. Data regarding the net prof- estimated that the turnover for the indus-
it or if a profit was even made, were not trial truck area is JPY 81,757 million, which
available. With regards to the delivered in- 12 Clark would equate to EUR 627 million.
dustrial trucks for 2018, 126,485 units have South Korea The Group’s net profit has clearly grown
been reported. After a decrease in 2017 of about 11.5 % to from JPY 196,410 million to JPY 256,491
The 1956-founded Hangcha Group is KRW 760,597 million, Clark Material Han- million (30.6 %) and in euros from EUR
among the leading manufacturers of indus- dling International Bucheon (South Korea) 1,550 million to 1,967 million (27 %). The
trial trucks both in China and also world- announced growth of 868,980 million South number of employees has increased from
wide. Its diverse product range compris- Korean Won (14.2 %) for the year under re- 59,632 (2017/2018) to 61,908 by the end of
es, for example, internal counterbalanced view which correlates to the calendar year the year under review.
12.2019The focus of the Komatsu Group’s prod- detail on the turnover of the whole Group million and increased their net profit from
uct range is construction vehicles, including Hyundai Heavy Industries Co., Ltd. From CNY 1,046 million to CNY 1,144 million
excavators as well as wheel loaders, bulldoz- which the HCE 2017 was outsourced. or EUR 137 million to EUR 147 million.
ers and dump trucks. In addition to this, For the year under review, which cor- The number of employees has grown from
the Group produces, for example, indus- responds to the calendar year, HCE has re- 7,481 to 8,424 u www.lonkinggroup.com
trial trucks, tunnel boring machines, forest ported growth from 2,531,100 million South
machinery, as well as presses, machine tools Korean Won (KRW) to KRW 3,233,900 17 Combilift
and laser cutting machines. At its German million, which has led to an increase of Ireland
headquarters in Hanover, its subsidiary Ko- about 28 %. In euros, HCE reports an in- Combilift Ltd., founded in 1998, increases
matsu Germany GmbH develops and man- crease in net turnover from 1,982 million its turnover year on year. In the year un-
ufactures, for example, wheel loaders, hy- (2017) to 2,489 million (2018), thus 25.6 %. der review, 2017/2018 (1 September to 31
draulic excavators and dump trucks. The net turnover in the industrial trucks August), its net turnover clearly increased
u www.komatsu.com segment has climbed from KRW 484,000 from EUR 225 million (2016/2017) to EUR
million (2017) to KRW 512,700 million in 252 million (12 %). 550 employees (prior
14 Merlo the year under review (6 %). In euros, the year: 480) contributed to this achievement,
Italy revenue increased from 379 million to 395 which resulted in net profit being generat-
The Merlo Group, which was established in million (4 %). Additionally, HCE again ed, however details of the latter were not
1964, recorded turnover growth for the third generated a net profit; this figure was KRW provided by Combilift. By its own account,
year in a row. Across the Group, revenue 271,348 million, in euros 209 million. They the specialist manufacturer of four-way
increased from EUR 417 million (2017) to stated the number of employees at HCE as lift trucks, is the worldwide market leader
EUR 473 million (13.4 %) in the year under 1,330, of which 140 are employed in the in- for long-load transport, having sold 5,670
review. The Merlo SpA Industria Metalmec- dustrial truck division. industrial trucks in the year under review
canica, based in Cervasca, Province of Cu- HCE produces construction vehicles 2017/2018. When compared with 2016/2017
neo, Italy, which produces industrial trucks, and industrial trucks, which include die- (5,030), that represents a growth of 12.7 %.
reported a turnover increase from EUR 367 sel, gas and electric forklift trucks, reach To date, Combilift has delivered 40,000
million (2017) to EUR 405 million (2018). trucks, high and low lift trucks, as well as units to more than 85 countries worldwide.
This represents growth of 10.4 %. Accord- towing tractors. The lift capacity of the die- Its success may be attributed to both its
ing to Merlo Deutschland GmbH, Bremen, a sel forklift truck is up to 25 t. In relation continuous investments in research and
net profit was once again generated in 2018, to 2019, HCE, with its continental base for development, and its global dealer network.
however no official numbers were stated to operations in Europe in Tessenderlo, Bel- Combilift’s product portfolio includes,
date. The number of employees has grown gium, expects turnover increases to KRW among other things, multi-directional side-
to 1,286 (prior year 1,196), of which 947 3,629,400 million, of which 499,600 million lift and reach trucks, narrow-aisle trucks,
work in Cuneo. are expected to be attributable to industrial manual pedestrian stackers, as well as strad-
The company’s product range com- trucks. u https://hyundai.eu dle carriers for transportation of contain-
prises an entire series of telescope stacker ers and oversized loads, such as container
trucks, which are available in both fixed 16 Lonking loaders. Among the other products are the
and rotating versions. Merlo’s other prod- People’s Republic of China articulated turret trucks by Aisle-Master
ucts are primarily machines for agriculture. The Chinese industrial truck manufacturer Ltd., which is linked to Combilift.
In addition to this are self-loading con- Lonking (Shanghai) Forklift Co., Ltd., has In April 2018, Combilift opened its new
crete mixing vehicles, tracked carriers and increased its net revenue for the third year global headquarters and manufacturing
self-driving work platforms. The continu- running. Compared with 2017 (CNY 1,826 plant in Monaghan, Ireland, in which the
ation of the modular design announced in million), the company has grown to CNY company invested 50 million euros. The
the prior year, was continued by Merlo in 2,308 (26.4 %) in the year under review. De- aim is to double production within the next
the year under review. However, there was nominated in euros this is growth of about five years. A basis for this is that the new
once again substantial investment into the 23.8 %, from 239 million to 296 million. In factory can produce tailor-made products
production. u www.merlo.com terms of industrial trucks, Lonking produc- in bulk. u https://combilift.com
es electric and combustion-motored fork-
15 Hyundai Construction lift trucks. 18 Hubtex
Equipment, South Korea Lonking is a subsidiary of Lonking Germany
Upon the wish of Hyundai Construction Holdings Ltd., which was founded in 1993 In 2018, Hubtex Maschinenbau GmbH &
Equipment Co., Ltd. (HCE), South Korea, and is one of the largest construction equip- Co. KG, Fulda, increased its total turnover,
to which the industrial trucks division be- ment manufacturers in the People’s Repub- which includes the shares in Schulte-Henke
longs, we will be retrospectively administer- lic of China. The parent company has in- GmbH (brand Stabau), Meschede, to EUR
ing their net income in the world ranking creased its turnover from CNY 8,994 mil- 101.2 million compared to the prior year
list in the group sales column. Due to this lion (2017) to CNY 11,868 million (32 %) (EUR 92.6 million: 9.3 %). The industrial
change, we will not be going into any more or from EUR 1,179 million to EUR 1,520 trucks division increased its turnover EUR24 World Ranking List for Industrial Trucks
by 8.3 % from EUR 66.6 million to EUR 72.1 ber of employees increased after its decline turnover in the industrial trucks segment.
million. Based on the number of sold units, in the prior year from 8,858 (2017/2018) to Compared with the prior year (EUR 42 mil-
which has multiplied from 617 (2017) to 647 9,744 (10 %). The staffing level of the Ma- lion), the division generated proceeds in
(2018) and consequently by 4.9 %. The num- terial Handling Division grew from 947 2018 amounting to EUR 41 million, which
ber of employees increased from 442 (2017) (2017/2018) to 955 employees (2018/2019). correlates to a moderate loss of 3.4 %. The
to 470 in the year under review, of which 302 According to Godrej & Boyce Manu- number of sold units is also in decline; it
can be attributed to the industrial trucks di- facturing, the company is India’s largest sank in 2018 to 115,770, therefore by 5 %
vision. As in the prior year, Hubtex reports industrial truck manufacturer. Its product compared with the results of 2017 (121,500).
a net profit, without specifying the details. range includes electric counterbalanced Pramac reported its revenue for the year un-
The company develops and manufac- rider trucks and internal counterbalanced der review as EUR 220 million, after EUR
tures industrial trucks for the handling of combustion trucks, accessory equipment, 224 million in the year prior (-1.8 %). As in
long, awkward and heavy goods, the ma- warehouse trucks such as reach trucks, high preceding years, this Italian company, which
jority of which are designed to operate in and low-lift trucks, towing tractors, side trades under the name PR Industrial s.r.l.,
the narrowest aisle dimensions. Among loaders and empty-container handlers. It realised a profit in the year under review,
which are electric multi-directional side also produces work platforms and cleaning without providing any further details. The
loaders, combustion motor-powered four- machines. Its industrial trucks are produced number of employees in its industrial truck
way side loaders, heavy-load compact fork- both in-house and by other manufacturers. division went down from 150 to 147 and the
lifts, reach trucks, order picking systems, In addition, the company’s product port- total workforce increased from 800 to 823.
glass transporting systems, special-purpose folio includes used equipment. Its range of industrial trucks comprises,
vehicles and heavy-load transport vehicles With the introduction of the Godrej for example, hand pallet trucks, weighing
for loads up to 260 t. Alongside the new de- Ren-TRUST, the company, as the first In- lift trucks, manually or electrically operat-
vices, Hubtex also provides prepared used dian manufacturer, offers rentals of in- ed scissor lifts, electric low-lift trucks and
vehicles. In addition, for example, are ret- dustrial trucks including fuel, service and electric, manual and semi-automatic pe-
rofits of telescopic forks, accessory equip- trained personnel. u www.godrejmhe.in destrian-controlled lift trucks. The com-
ment and control systems. pany’s hand pallet trucks are available in
In the year under review, Hubtex erect- 20 Svetruck steel, plastic and stainless steel designs. In
ed another manufacturing plant and a new Sweden addition to its “Lifter by Pramac” brand-
customer centre at their headquarters. The Sweden’s Svetruck AB’s net proceeds for ed industrial trucks, it also manufactures
company indicated that a reason for this the fiscal year 2017/2018 have increased power generators and is active in the mo-
was the increasing demand for specialist across the company from SEK 598 million tor sports (motorcycling) sector.
vehicles and industrial 4.0 solutions. (2016/2017) to 667 million (11.5 %), or from u www.pramac.com
The Hubtex electric, multi-way side EUR 62 million to EUR 65 million (4.8 %).
loader MaxX was awarded the “Best in In- For the values for the industrial trucks divi- 22 Baumann
tralogistics” certificate by an international sion, we have, as customary until now, taken Italy
specialist jury in the IFOY test days, and 80 % of the total turnover as a basis. As a re- The side loader specialist Baumann S.r.l.,
has therefore achieved the short-list of the sult there was growth from SEK 478 million Cavaion, headquarters on Lake Garda, con-
IFOY Awards. u www.hubtex.de in the prior year to 534 million (11.7 %) or tinues to report increased turnover each year.
from EUR 50 million (2016/2017) to EUR Compared with 2017, the company has in-
19 Godrej & Boyce 52 million (2017/2018). With the net prof- creased its net turnover from 32.5 Million to
India it, Svetruck reported an increase from SEK EUR 34.3 million (2018), thus by 5.5 %. As
Godrej & Boyce Manufacturing Co., Ltd., 138 million (2016/2017) to 179 million in previous years, the sideloader specialist
founded in 1963, in Mumbai (India), re- (2017/2018), thereby an increase of 30 %. generated a net profit without providing any
ports growth year on year. In 2018/2019, the Denominated in euros, this represents an further details. The side loader manufactur-
company increased the net turnover from its increase from EUR 14 million to EUR 17 er also recorded increase incoming orders
Material Handling Equipment division by million (21 %). The overall number of em- from EUR 33.5 million (2017) to EUR 38.3
20.3 % to INR 5,520 million, as compared ployees fell from 188 to 186. million (2018). Its workforce also grew from
with fiscal year 2017/2018: INR 4,589 mil- The company manufacturers heavy-du- 102 to 112 employees.
lion. In euros, the revenue increased from 62 ty stackers with a load bearing capacity of Baumann, which has a very high export
million to 68 million. The parent company between 10 and 60 t, as well as container quota, operates a dense sales and service net-
Godrej Group increased its turnover from stackers and timber handling equipment. work on all continents. Its product range
INR 97,149 million to INR 112,298 million u www.svetruck.com comprises side loaders with a load bearing
(15.6 %). In euros this equates to growth capacity of between 3 and 50 t, as well as
from 1,321 million to 1,391 million. Regard- 21 Pramac attachments.
ing the year under review, the company re- Italy For the company’s 50-year anniversa-
ported a profit, as in the two years prior, Pramac, Casole d’Elsa (Tuscany), reported, ry in 2019, Baumann stated that they had
without providing any figures. The num- for the first time in years, a decrease in net manufactured and delivered the largest yet
12.2019You can also read
