Terex cranes sales slide 6.7% and port and industrial crane sales fall 18%, with worse to come in 2016
revenue
Posted inPMV
Xtramix turnover hits $136m in 2015 on Qatar boom
The Abu Dhabi based concrete manufacturer is planning mergers and acquisitions for 2016, mainly in Qatar
Posted inMachinery
Volvo CE sees revenue and profit rises in Q2 2015
Despite declines in global machinery market, Volvo Construction Equipment reported a 5% rise in revenue and an 80% increase in profitability for the second quarter of 2015
Posted inPMV
Deutz Group: H2 2015 will be “significantly worse”
German engine manufacturer expects revenue to decline by 20%, compared with the previously forecasted drop in revenue of 10%
Posted inPMV
Deutz sees increased operating profits for Q1 2015
Engine manufacturer, Deutz, achieved a sharp rise in operating profits during the first quarter of 2015, despite a decline in unit sales
Posted inEQUIPMENT
Speedy’s Middle East ‘de-risking’ nears completion
Speedy Hire is continuing to wind down its Middle East operations in the wake of “substantial losses”
Posted inPMV
Wacker Neuson sees 11% revenue growth in 2014
Compact and light equipment manufacturer, Wacker Neuson, achieved revenue of €1.28bn ($1.35bn) last year, compared to €1.16bn ($1.23bn) in 2013
Posted inPMV
Liebherr’s 2013 turnover 1.4% lower than in 2012
Company increases size of global workforce but sees drop in turnover