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

  • Liebherr achieves record turnover in 2012
    April 10, 2013
    The Liebherr Group achieved its highest turnover in its history in 2012. Turnover climbed over than 9% to €9.1 billion, while the company invested a total of €840 million in its operations. The 2012 business year progressed well for the Liebherr Group. Although the reduced dynamism of the world economy had a noticeable effect on orders received in the final months of the year, this no longer influenced turnover significantly. The Group increased its total turnover in the past business year by more than €760
    Read More
  • ContiTech achieves record sales
    April 25, 2012
    ContiTech generated new company record sales of €3.6 billion in 2011. It represented a 16% rise for the Hanover, Germany-based firm on its previous year sales of €3.1billion. The all-time sales high had a positive effect on recruitment as ContiTech hired around 1,400 new staff at locations around the world in 2011 - with 430 of the new jobs in Germany.
    Read More
  • Strong performance sees Wirtgen Group bullish
    September 30, 2014
    The Wirtgen Group reports that strong financial performance is expected for 2014. Full results are not yet available for 2014 but the privately held, family owned firm is confident for good results. Joint president Jürgen Wirtgen said, “Sales for 2014 will reach €1.95 billion.” He explained that for the first half of 2013, turnover reached €285 million, whereas for the first six months of 2014, turnover reached €329 million, a jump of 15%. The second half of the year is also looking healthy with the firm on
    Read More
  • Caterpillar eyes better performance in 2015 amid stormy weather
    May 13, 2015
    Caterpillar vice president Paolo Fellin sums up the past year for the global equipment manufacturer and looks at the increasing importance of telematics and machine control. David Arminas reports from Caterpillar’s Demonstration and Learning Centre in Malaga, southern Spain First the good news. Despite the difficulties, especially of the financial markets, 2014 was “a record year for a lot of things” for global heavy equipment maker Caterpillar.Now the bad news. Hang onto your seats because despite some
    Read More

Highlighted Content