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

  • Wacker Neuson sees strong future for sales
    April 24, 2018
    Wacker Neuson is seeing strong financial performance as demand for construction machines continues to improve. While expanding production worldwide, the company is also making a strong investment in research and development, for refining products and designing new models. CEO Martin Lehner said: “We want to focus on innovation. This is what drives us forward. There are two main points for us on products, one is zero emissions and another is on digitalisation.” The company has been heavily reliant on the
    Read More
  • Liebherr’s €580 million sales growth
    April 3, 2025
    Liebherr has seen a €580 million sales growth for 2024.
    Read More
  • EU transport to grow until 2020
    September 3, 2012
    A study indicates that road transport for passengers and goods will keep its pivotal role among other modes like rail or inland waterways
    Read More
  • Better road safety reduces Europe’s casualty figures
    October 2, 2014
    Improving road safety in the EU has resulted in a drop in the fatality rate. Official figures just released show that the number of people killed on Europe's roads fell by 8% in 2013. This follows on from the drop in fatalities of between 2011 and 2012 and Europe is on track to halve road deaths in the 2010-2020 period Figures released by the European Commission provide grounds for optimism and Antonio Avenoso, executive director of the European Transport Safety Council (ETSC) said, “We welcome the reductio
    Read More

Highlighted Content