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

  • All eyes on Wacker Neuson’s new EH 100 demolition breaker
    January 6, 2017
    Nominated for a design category bauma 2013 Innovation Award, the new EH 100 demolition breaker from Wacker Neuson is said to offer extremely high demolition performance with single stroke impact energy of 100Joules combined with good power to weight ratio. The powerful breaker is packed into a new ergonomically-shaped fully spring-mounted compact hood. The new hood design is said to allow the operator to precisely guide the demolition breaker while maintaining visual contact with the chisel’s tip. This is s
    Read More
  • All eyes on Wacker Neuson’s new EH 100 demolition breaker
    April 9, 2013
    Nominated for a design category bauma 2013 Innovation Award, the new EH 100 demolition breaker from Wacker Neuson is said to offer extremely high demolition performance with single stroke impact energy of 100Joules combined with good power to weight ratio. The powerful breaker is packed into a new ergonomically-shaped fully spring-mounted compact hood. The new hood design is said to allow the operator to precisely guide the demolition breaker while maintaining visual contact with the chisel’s tip. This is s
    Read More
  • Wacker Neuson’s new products for North America at CONEXPO-CON/AGG 2014
    January 6, 2017
    Wacker Neuson’s big draw at CONEXPO-CON/AGG 2014 is the unveiling of its new skid steer loader series, designed specifically for the needs of the North American market. Four models, the SW 24 and SW 28 on wheels and ST 35 and ST 45 on tracks, will be available at the German company’s North American and Canadian dealer network from mid-2014 onwards.
    Read More
  • Wacker Neuson’s new products for North America at CONEXPO-CON/AGG 2014
    February 21, 2014
    Wacker Neuson’s big draw at CONEXPO-CON/AGG 2014 is the unveiling of its new skid steer loader series, designed specifically for the needs of the North American market. Four models, the SW 24 and SW 28 on wheels and ST 35 and ST 45 on tracks, will be available at the German company’s North American and Canadian dealer network from mid-2014 onwards.
    Read More

Highlighted Content