JCB’s record annual results

JCB chief executive Alan Blake revealed record financial results for the UK machinery manufacturer during INTERMAT in Paris. Turnover in 2011 rose to US$4.37bn (€3.33bn), 37% up on 2010, with earnings before tax of €430m from sales of 69,100 machines. Speaking at the major construction industry show, Blake said: “The market has recovered by 80% since the last Intermat, mainly thanks to emerging markets. Russia is up 122%, India up 24% and Brazil is up 10%. However Western Europe has also improved, up 25% on
April 19, 2012 Read time: 1 min
255 JCB chief executive Alan Blake revealed record financial results for the UK machinery manufacturer during 242 INTERMAT in Paris.

Turnover in 2011 rose to US$4.37bn (€3.33bn), 37% up on 2010, with earnings before tax of €430m from sales of 69,100 machines. Speaking at the major construction industry show, Blake said: “The market has recovered by 80% since the last Intermat, mainly thanks to emerging markets. Russia is up 122%, India up 24% and Brazil is up 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 and we do see continued growth this year,” added Blake.

For more information on companies in this article

Related Content

  • The new agile world of the construction equipment industry
    June 22, 2015
    while worldwide for 2015 a crystalball would be helpful, in Europe the sector has already listed specific priorities it wants to tackle, and among these are the upcoming emissions regulations (see separate story), external trade and access to foreign markets, and market surveillance.
    Read More
  • Global sales of earth moving machinery surge 23% in 2018
    April 23, 2019
    Global sales of earth moving machinery in 2018 accelerated sharply – up 23% on 2017 to top out at 1 million units. The record result in 2018 was driven by a combination of several factors. One of these factors is investments in construction on a global scale in excess of €7,150 billion, as highlighted by data analysed by Prometeia for SaMoTer Outlook 2019, the sector observatory presented today at Veronafiere during the 5th edition of SaMoTer Day. The event is one of the stages in the run up to the 31st
    Read More
  • Wacker Neuson reports record revenue
    May 11, 2017
    Wacker Neuson is reporting a record revenue for its first quarter in 2017. The Munich-based international light and compact equipment manufacturer said that adjusted profit before interest and tax (EBIT) increased significantly. At the close of the first quarter, order intake and backlog showed a clear rise over the figures posted for the prior-year period. "The year has got off to a very promising start for our Group. The investment mood among many national and international customers in most of our target
    Read More
  • Liebherr turnover up 9.8% in 2011
    July 12, 2012
    Liebherr Group said an increase in trade with emergent markets fuelled an overall Group turnover rise of 9.8% to €8.33billion in 2011. And a Group spokesperson said they expect a further 10% turnover rise for the leading German construction machine manufacturer in 2012. Turnover from construction machinery and mining equipment recorded an above-average increase of 13.5 % in 2011, generating revenues of €5.38billion.
    Read More

Highlighted Content