Wacker Neuson upbeat as turnover hits new record

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.
January 6, 2017 Read time: 2 mins
1651 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.

Speaking at bauma, chief executive officer Cem Peksaglam said the company had invested €303m over the past three years and 2012 had seen a significant increase in production capacity with the opening of a new facility in Austria.

The year also saw the introduction of a range of M series machines for the Asian markets and he reported that the alliances with 178 Caterpillar (for mini excavators) and Claas (telehandlers) are running smoothly.

He predicted continuing growth with turnover rising to €1.2bn in 2013 and a margin (EBITDA) of 13%. Looking further ahead, Peksaglam expects double-digit growth in 2014 and said investments will total around €80m both this year and next.

Stand:F9 909

www.wackerneuson.com

View more stories

For more information on companies in this article

Related Content

  • Beijing’s BICES 2013 exhibition gets ready for record exhibitors and visitors
    April 18, 2013
    The 12th Beijing International Construction Machinery Exhibition & Seminar (BICES 2013) is set to have a record 1,500 exhibitors covering an area of 230,000m2. Numbers of both domestic and international visitors are also expected to grow. Overall, BICES 2013 expects to attract more than 130,000 visitors. The organisers of BICES 2013 were at bauma to promote this October’s event and give an update about the plans. BICES will be held at the Beijing Jiuhua International Exhibition Centre from 15-18 October 201
    Read More
  • Hatz Diesel develops bolt-on DPF for L and M series engines
    January 6, 2017
    Hatz has revised its three and four cylinder L and M series air-cooled engine packages to comply with emissions regulations by including a cooled EGR system, DOC and DPF with active regeneration. The exhaust after-treatment package can be remote-mounted, said Hatz, and brings a 2dB(A) reduction in exhaust noise to the air-cooled engine.
    Read More
  • Hatz Diesel develops bolt-on DPF for L and M series engines
    April 17, 2013
    Hatz has revised its three and four cylinder L and M series air-cooled engine packages to comply with emissions regulations by including a cooled EGR system, DOC and DPF with active regeneration. The exhaust after-treatment package can be remote-mounted, said Hatz, and brings a 2dB(A) reduction in exhaust noise to the air-cooled engine.
    Read More
  • Penta Automazioni Industriali showcases robotic technology for block panels
    January 6, 2017
    A robot on the bauma stand of Italian company Penta Automazioni Industriali has been demonstrating the precision laying of paving blocks. Penta’s custom-made handling technology enables a robot to read the size of each block, pick up individual pieces and position them to make up a panel.
    Read More

Highlighted Content