FRENCH EARTHMOVING EQUIPMENT MARKET IN VERY GOOD SHAPE
Sales of compact equipment grew by 14%. This performance is mostly due to the strength of sales to rental companies (+ 32%) and the good performance of non-rental sales. Sales of crawler excavators are up by 11% for instance. Sales of wheel loaders grew by 23% this quarter compared to the same period last year.
The heavy earthmoving equipment market has continued its recovery, which began in 2015. Sales are up by 7%. However, sales of crawler excavators remain weak. This market grew by 1% only. Nonetheless, wheel excavators are up 21%.