Manitou marks 40 years

Manitou celebrates 40 years on the stock exchange.

Manitou Group is celebrating 40 years since the company went public by ringing the opening bell on the stock market.

Listed on the stock exchange on April 24, 1984, Manitou Group has since grown internationally and today has 10 production sites and 34 companies on every continent. The share price, which was close to €1 at the time of the public listing, has since risen 25-fold.

Shares are listed in compartment A of the Euronext Paris market. Today, 64.5% of the Group’s capital is held by the Braud and Himsworth founding families.

It invests an average of over €100 million a year in research and development, industrial tools and digital transformation. In 2023, the group achieved historic sales of €2.9 billion, 82% of which were generated outside France.

Driven by the Group’s values: reliability, commitment, passion, and by the New Horizons 2025 roadmap, the company’s 5,500 employees are, said the company, committed to change in the industry, including improving working conditions, safety and performance, while focusing on people and the environment.

Jacqueline Himsworth, Manitou’s Chairman of the Board, said, “The decision to open up our capital to the stock market enabled us to strengthen our financial structure while looking to the long term. Today, we are maintaining this vision to ensure the long-term future of our Group, with the confidence of our investors enabling us to continue to develop Manitou Group’s business.”

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