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.
April 16, 2013 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

  • Wacker Neuson sees business growth with strong results
    November 10, 2017
    The Wacker Neuson Group is reporting a strong third quarter performance for 2017. The company’s latest results reveal a marked increase in revenue and earnings and says it remains positive about the fourth quarter of 2017. Wacker Neuson says it expects its revenue and earnings forecast for the current fiscal year to come in at the higher end of previous forecasts. The Wacker Neuson Group reported revenue of € 378.7 million for the third quarter of 2017. This corresponds to an increase of 20% over the €315.
    Read More
  • Cat’s C7.1 engine redeveloped for less regulated markets
    January 6, 2017
    Caterpillar has re-engineered its 7litre C7.1 engine to create a power unit more suited to those markets with lesser-regulated emission controls. Meeting China Stage II emission regulations – equivalent to EU Stage IIIa/EPA Tier 3 – the C7.1 uses high-pressure electronic common rail fuel injection and a wastegated single turbocharger, to achieve a power output of up to 205kW.
    Read More
  • Cat’s C7.1 engine redeveloped for less regulated markets
    April 17, 2013
    Caterpillar has re-engineered its 7litre C7.1 engine to create a power unit more suited to those markets with lesser-regulated emission controls. Meeting China Stage II emission regulations – equivalent to EU Stage IIIa/EPA Tier 3 – the C7.1 uses high-pressure electronic common rail fuel injection and a wastegated single turbocharger, to achieve a power output of up to 205kW.
    Read More
  • Wacker Neuson debuts crawler-mounted dumper
    January 6, 2017
    The smallest of Wacker Neuson’s new five-strong DT series of crawler-mounted dumpers being showcased at INTERMAT 2012, the DT05 has a loading capacity of 0.5tonnes and a machine width of just 66cm.
    Read More

Highlighted Content