Hiab reported higher order intake in the second quarter and raised its profitability outlook for 2026 after recording its strongest quarterly order performance in four years. Orders received increased 16% year-on-year to €437 million in the second quarter, while the order book grew to €589 million. Sales remained stable at €403 million. Comparable operating profit increased to €61 million, representing a 15.1% margin. For the first half of 2026, orders rose 11% to €839 million. Sales declined 3% to €786 million, while comparable operating profit reached €112 million, corresponding to a 14.3% margin. Hiab said the stronger order intake was driven by large orders for MOFFETT truck-mounted forklifts in the United States, HIAB loader cranes in France, defence logistics equipment and the acquisition of ING Cranes. Service orders also increased 5% during the quarter. The company has now raised its outlook for 2026. It expects its comparable operating profit margin to exceed 14.5%, up from its previous guidance of above 13.5%. Hiab also completed the US$1.035 billion acquisition of Labrie Environmental Group on 1 July. The deal strengthens the company’s position in the North American waste and recycling vehicle market and establishes a new Environmental Vehicle Solutions business area. President and CEO Scott Phillips said the increased order book, cost savings and the Labrie acquisition gave the company confidence to improve its full-year outlook. During the quarter, Hiab also launched several new products, including the MULTILIFT Optima hooklift range and two new solutions for the defence logistics sector presented at Eurosatory 2026. The post Hiab raises 2026 profit outlook after orders reach four-year high appeared first on Container News .