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Tag: 2Q
Business
Volvo CE profit jumps 80% in 2Q thanks to big sales increases in North America
Following two consecutive quarters of large losses, Volvo Construction Equipment saw a huge increase in profit during the second quarter, mainly supported by increased sales in North America. Sales increased to 15.4 billion SEK ($1.8 billion), up 5 percent over 2Q 2014. Meanwhile, profit rocketed upward 80 percent to 1.35 billion SEK ($157 million). RELATED […]
July 20, 2015
Business
H&E Equipment Services rental revenues up 18%, equipment sales up 20% in 2Q
Integrated construction equipment distribution and rental firm H&E Equipment Services says its rental revenues increased 18 percent in its second quarter compared with the same time last year due to “strong physical utilization while continuing to expand the fleet” because of high demand. The average time utilization, based on original equipment cost, was up almost […]
August 1, 2014
Business
CNH 2Q net sales up 9%, operating profit up 26%
Thanks to big increases in agricultural equipment sales, CNH Global saw jumps in both net sales and operating profit in the second quarter. The company reported a year-over-year 9 percent increase in 2Q net sales to $5.5 billion and a 26-percent jump in operating profit from equipment sales to $659 million. Comprising 83 percent of […]
July 31, 2013
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