JCB announces record results for 2011

JCB CEO Alan Blake has reported record financial results for the UK machinery manufacturer. Turnover in 2011 rose to €3.33bn, 37% up on 2010, with earnings before tax of €430m from sales of 69,100 machines. Speaking at INTERMAT, Blake said: “The market has recovered by 80% since the last INTERMAT, mainly thanks to emerging markets. Russia is up 122%, India 24% and Brazil 10%. However, Western Europe has also improved, up 25% on last year.”
April 19, 2012 Read time: 1 min
JCB CEO Alan Blake
255 JCB CEO Alan Blake has reported record financial results for the UK machinery manufacturer.

Turnover in 2011 rose to €3.33bn, 37% up on 2010, with earnings before tax of €430m from sales of 69,100 machines.

Speaking at INTERMAT, Blake said: “The market has recovered by 80% since the last INTERMAT, mainly thanks to emerging markets. Russia is up 122%, India 24% and Brazil 10%. However, Western Europe has also improved, up 25% on last year.”

In an overall global market that rose by 18%, JCB saw sales rise by 34%. “This is a record performance for JCB. We’re optimistic about our industry,” said Blake.

www.jcb.com

Outside: 5 Stand: E002

View more videos

For more information on companies in this article

JCB

Related Content

  • Wacker Neuson upbeat as turnover hits new record
    April 16, 2013
    Wacker Neuson has broken through the €1 billion mark for the first time, recording a turnover of €1.1bn in 2012. The company saw sales grow by 10% in the year with the biggest increase (20%) coming from the Americas. And despite the economic downturn, sales in Europe were up by 7% as they were in the Asia-Pacific region, which was adversely affected by the Chinese market.
    Read More
  • It’s been a great comeback says JCB as North American sales surge 140% since 2010
    January 6, 2017
    JCB chief executive Graeme Macdonald says the UK manufacturer’s 140% sales rise in North America since 2010 has been a “great comeback story”. “North America has been on a rollercoaster ride,” Macdonald said during JCB’s Conexpo 2014 press conference in Las Vegas this week.
    Read More
  • It’s been a great comeback says JCB as North American sales surge 140% since 2010
    March 4, 2014
    JCB chief executive Graeme Macdonald says the UK manufacturer’s 140% sales rise in North America since 2010 has been a “great comeback story”. “North America has been on a rollercoaster ride,” Macdonald said during JCB’s Conexpo 2014 press conference in Las Vegas this week.
    Read More
  • JCB 8018 CTS offers improved performance in 1.5tonne mini sector
    January 6, 2017
    JCB has updated its 1.5tonne 8018 CTS mini excavator. The conventional tailswing machine has an improved lift capacity, thanks to a return to a box-section boom, with an 11% increase in digging depth. Dump height and reach are also improved, and the mini has a new dozer blade for greater pushing performance. Upgraded hydraulics, with longer travel valves increase control and allow straight line tracking while using upper structure functions.
    Read More

Highlighted Content