Accès Industrie business up over 20%
By Maria Hadlow02 December 2008
French rental company, the Accès Industrie Group was able to announce continued strong growth in its third quarter to 30 September 2008. The turnover of €50.7 million to the end of the third quarter represents 22.3% growth across the whole group.
Accès Industrie has continued to expand its operation outside France by opening a subsidiary in Casablanca, Morocco, Morocco Elévation, - the Group's 37th depot. There are now 27 facilities in France, seven in Spain, two in Portugal and one in Morocco. The total fleet comprises 5492 machines.
The activity in Accès Industrie's newer facilities has grown over the last 24 months which is one of the reasons for the company's good results the other is attributed to Accès Industrie being less dependent on the weaker residential market and more involved in the construction of industrial and commercial buildings and restoration projects.
The utilisation of machines in the French market is growing more quickly than that in Spain and Portugal and the Moroccan business only began operating in October 2008.
Accès Industrie's third quarter results are in line with its expectations and the company anticipates around a 20% growth at year end.