Wacker Neuson improves profit margins

Munich,Germany-based light and compact equipment manufacturer Wacker Neuson grew at an "above-average rate" during the second quarter of 2011.
February 24, 2012 Read time: 1 min
Munich,Germany-based light and compact equipment manufacturer 1651 Wacker Neuson grew at an "above-average rate" during the second quarter of 2011. Revenue was up 30% to €266.9 million compared to €205.3 million in the same period in 2010.

"We grew significantly faster than the overall market during the second quarter," explains Richard Mayer, spokesperson for the executive board. "This acted as a further lever for our earnings power and revealed efficiency gains across the group"

Preliminary profit before interest, tax, depreciation and amortisation (EBITDA) for the second quarter was up 69.3% on the previous year at €45.7 million (Q2 2010: €27 million), the highest figure since the 2007 merger.
Earthmoving & soil compaction Maintenance

For more information on companies in this article

Related Content

  • CECE sees equipment sales improve in Europe
    February 29, 2012
    The latest available data regarding the European construction equipment market suggests that the machinery market is improving.
    Read More
  • Hill & Smith reports strong performance
    May 17, 2016
    Hill & Smith Holdings reports a good start to the year, with trading ahead of expectations. The firm’s latest trading update runs from 1st January 2016 to 30th April 2016. The board says it is pleased to report that trading in the period has been encouraging and is ahead of the expectations that it set out at the time of reporting its 2015 preliminary results in March. Revenue for the period was £163.1 million, compared with £153.2 million for the same period in 2015. This represent a 2% organic increase
    Read More
  • Deutz orders up but revenue drops for Q1 2016
    April 21, 2016
    German engine manufacturer Deutz saw new orders totalling €327.3 million for the first quarter 2016, up 2% on the same period last year. First quarter new orders were up nearly 12% on the last quarter 2015, according to the Cologne-based company’s preliminary results for the first quarter this year. However, at 32,112 engines, unit sales were 13% lower than they had been a year earlier (Q1 2015: 36,907 engines) but rose by 5.1% compared with the previous quarter (Q4 2015: 30,545 engines). Revenue w
    Read More
  • UK’s M6 tolled motorway for sale
    June 21, 2016
    For sale: one UK toll motorway along with operating business. Well maintained. Price negotiable. David Arminas looks at what is on offer As if right on cue, a French articulated truck starts to back up along the hard shoulder at an exit area of M6toll. The manoeuvring is watched from an office inside the nearby M6toll headquarters. Inside, Andy Pearson, chief executive of M6toll, glances over his shoulder and interrupts his presentation to World Highways. “He’s probably missed the dedicated wide-load
    Read More

Highlighted Content