Tag: earnings report

Business

Komatsu sees slight boost in sales and profit during 1Q

Komatsu announced today increases in both sales and profit during the company’s first quarter ending June 31. The company reported net sales of $4.5 billion (460.2 billion Japanese yen), up 1.1 percent from the first quarter of 2013. Operating income rose 21.1 percent to $621.7 million (63.4 billion Japanese yen). Profit for the company rose […]

July 29, 2014

Business

Terex sees big profit increase as AWP and MHPS segments boost sales

In its latest earnings report, Terex announced increases in both sales and profit during the second quarter of the year. The company’s net sales increased to $2.05 billion, up 10.4 percent from the second quarter of 2013 again mainly due to strong performances from the company’s Aerial Work Platform and Material Handling and Port Solutions (MHPS) […]

July 25, 2014

Business

Volvo CE operating income plummets 54% in 2013 despite gains in 4Q

Despite encouraging gains in the fourth quarter, Volvo Construction Equipment will be glad to put 2013 behind it. Full-year sales fell by 16 percent to $8.2 billion (53.4 billion SEK) while operating income plummeted 54 percent to $399 million (2.6 billion SEK). In its report, Volvo CE attributed the fall in operating income to “tough price […]

February 5, 2014

Construction Equipment

Volvo Construction sales fall 9 percent in third quarter, huge dip in operating income

Volvo Construction Equipment reports that it has reduced production and inventory in its facilities along with inventories at its dealers in response to a drop in sales and an "uncertain outlook."

October 24, 2012

Business

Cat: staying in Illinois, sees third-quarter income and sales boosts

Cat was in the news this weekend, announcing it will keep its headquarters in Illinois and that it expects to see its sales growth slow in 2013.

October 22, 2012