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

  • Hitachi Zaxis 5 excavators deliver improved performance
    January 6, 2017
    Hitachi Construction Machinery has introduced a hydraulic technology known as TRIAS on its Dash-5 Zaxis excavators from the ZX210LC-5 to the ZX350LC-5. Developed to reduce fuel consumption, the system uses three hydraulic pumps and a control valve, which efficiently divides the flow from the pumps into each actuator as required.
    Read More
  • Hitachi Zaxis 5 excavators deliver improved performance
    April 16, 2013
    Hitachi Construction Machinery has introduced a hydraulic technology known as TRIAS on its Dash-5 Zaxis excavators from the ZX210LC-5 to the ZX350LC-5. Developed to reduce fuel consumption, the system uses three hydraulic pumps and a control valve, which efficiently divides the flow from the pumps into each actuator as required.
    Read More
  • Mecalac MCR6 combines excavator and loader in one machine
    April 22, 2013
    Mecalac Group has introduced the MCR6 compact excavator, first previewed at last year’s Intermat exhibition. A combination of both compact excavator and loader in a single machine, the MCR6 joins the larger MCR8 and MCVR10 in the Mecalac line. Capable of travelling at speeds up to 10km/h, the MCR machines can switch from excavator to loader mode in seconds, providing customers with a highly versatile machine. The MCR6 weighs in at 6tonnes and is powered by a 55kW engine. Maximum tearout force in excavator c
    Read More
  • Mecalac MCR6 combines excavator and loader in one machine
    January 6, 2017
    Mecalac Group has introduced the MCR6 compact excavator, first previewed at last year’s Intermat exhibition. A combination of both compact excavator and loader in a single machine, the MCR6 joins the larger MCR8 and MCVR10 in the Mecalac line. Capable of travelling at speeds up to 10km/h, the MCR machines can switch from excavator to loader mode in seconds, providing customers with a highly versatile machine. The MCR6 weighs in at 6tonnes and is powered by a 55kW engine. Maximum tearout force in excavator c
    Read More

Highlighted Content