Hiab Growth Beats Brexit Gloom

ON-ROAD load handling equipment specialist, Hiab has reported a record first half of the year with equipment sales up by almost 50% in the UK and Ireland. This was across Hiab cranes, Multilift and Moffett equipment.

Commenting on the results, Ian Mitchell, Hiab managing director UK & Ireland, said: ‘Equipment sales have grown 47%, and our service revenues have increased 22% for the first six months, creating combined total revenue that is up 38% on H1 2018.

‘I’m delighted to say that the growth is not only from existing customers, but conquest customers too,’ he added.

Ian Mitchell, who was appointed as MD in February 2019, said that despite Brexit being on the horizon, the market has remained strong in Hiab’s core sectors of construction and waste.

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