International growth for Kiloutou in “challenging” market

Growth in Kiloutou’s international businesses offset a small decline in its main French market in the second quarter of 2025.

Its international sales grew by 9% to €129.6 million for the quarter, compared to a 2% decline in France to €194.3 million. Total group sales were 2.1% up on the same period in 2024 at €323.9 million.

The company described the market as “persistently challenging”. Kiloutou is modifying its capital expenditure plans, reducing fleet CapEx compared to last year and also cutting the sale of used machines.

Aerial platforms in Kiloutou’s rental fleet. (Image: Kiloutou)

Fleet spending so far this year is €135.9 million, 24% down on the same period in 2024, and fleet disposals were 63% lower at €18.5 million.

Olivier Colleau, CEO of Kiloutou Group, said; “In a persistently challenging environment, especially in the Construction segment, we achieved revenue growth and maintained solid organic momentum.

“Our Q2 rental EBITDA margin remained resilient, with revenue up 2.1% and Rental EBITDA up 2.6%. Our debt ratio remained stable at 3.8x, reflecting disciplined financial management.”

He said Kiloutou pursued its growth and diversification strategy through the opening of three branches and the acquisition of an HVAC business in France during the period; “We further expanded our international diversification through acquisitions in growing markets in early July, with Kiloutou growing its footprint in Denmark by acquiring Thor Jorgensen (earthmoving equipment) and strengthening Italian operations with the purchase of FIM (access equipment).”