Posted March 26, 2020

Manitou Group temporarily suspends production in France, India and Italy

In accordance with the general containment obligations decreed in France, Italy and India, Manitou Group has temporarily ceased its industrial activities in those countries.

French operations were the first to shut down on March 17, 2020.

In the group's distribution companies, businesss is also very slow in most geographical areas due to the globalization of containment policies and market uncertainty.

Where authorized and when conditions allow this, the group maintains the distribution of spare parts in order to be able to serve its operating customers.

The scale and uncertainties of COVID-19 lead Manitou Group to suspend any financial guidance for the year 2020.

In this context, the Group remains extremely mobilized to deal with all the consequences of the COVID-19 crisis, with regard to its employees, customers, operations and all its stakeholders.