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

  • Haulotte sales up 13%
    February 21, 2012
    Haulotte Group (HG) increased its Q4 2011 sales by 13%, compared to the same period of 2010. The rise took consolidated October 1 to December 31 2011 sales to US$107.1million (€82.2 million) compared with $94.5million (€72.5million) in the same three months of last year.
    Read More
  • Mining market demand dip hits Atlas Copco’s orders and revenues
    April 30, 2013
    Cautious mining customers holding back from investing in equipment is said by Atlas Copco to be a key reason behind an ‘organic’ decline of 11% in the value of its product and service orders and 5% ‘organic’ drop in revenues compared to the same three months of last year. The firm’s orders received value decreased to €2.45 billion (SEK 21,008mn) in Q1 2013 from €2.89 billion (SEK 24,827mn) in Q1 2012. Atlas Copco revenues were €2.36 billion (SEK 20,227mn) in the first three months of 2013, compared to €2.59
    Read More
  • Europe and Americas drive increase in Volvo Construction Equipment sales
    July 21, 2021
    Volvo Construction Equipment increased year-on-year net sales by 13% in Q2, driven by higher volumes in Europe, North America and South America.
    Read More
  • Volvo CE’s upbeat market view
    April 4, 2014
    Volvo Construction Equipment is posting optimistic financial results that show an increase in deliveries in the fourth quarter of 2013. The firm reports deliveries climbing by 9% as global markets show signs of improvement. A slowly recovering global market helped Volvo Construction Equipment round off 2013 with sales up 3% in the fourth quarter and improved market share, especially in compact equipment.
    Read More

Highlighted Content