Tag: Terex earnings

Dealers

Terex 1Q net sales drop 24%

Net first quarter sales at Terex Corporation were $833.6 million, compared with $1.1 billion during the same period last year, a decrease of 24 percent. The company had a $24.7 million loss from continuing operations for the quarter. In addition, Terex’s Aerial Work Platform segment reported $511.7 in net sales for the quarter, down 29.7 […]

May 5, 2020

Dealers

Terex ups 2018 outlook as all three machine units see sales increases in 1Q

Terex Corporation, makers of cranes and Genie brand aerial work platforms (AWP), has released its first quarter 2018 earnings and reports that it has seen the momentum it slowly amassed during 2017 carry over into the new year. The company reported 1Q income from continuing operations of $47.6 million, or $0.59 per share, on sales […]

May 2, 2018

Construction Equipment

China’s Zoomlion confirms offer to woo Terex away from Konecranes merger

Chinese equipment manufacturer Zoomlion has officially confirmed an offer made to Terex to buy the company, despite Terex’s plans to merge with Finnish manufacturer Konecranes. Zoomlion announced Tuesday that on Dec. 4 it offered to buy Terex for $30 per share in cash. At the time of the offer, it represented a 41 percent premium […]

February 17, 2016

Business

Terex profit falls 24% in 3Q as sales slip across divisions

Citing a marketplace that “remains challenging,” Terex announced another down quarter for the year, with its Aerial Work Platforms division continuing to provide the majority of positive news for the company. Sales for the company fell 9.3 percent from third quarter 2014 to $1.6 billion while profit fell 24 percent to $44.8 million. “As mentioned last quarter, we are […]

October 27, 2015

Business

Terex sales drop 9% as 1Q results in a loss

In its earnings report for fiscal year 2014 in which the company reported a big 27-percent profit increase, Terex cautioned investors that it expected a drop in sales during a more challenging 2015. The change is already taking hold. During the first quarter of 2015, the company reports a 9-percent drop in sales to $1.5 […]

May 4, 2015

Business

Terex finishes 2014 with a 27% profit increase but expects sales declines in 2015

Terex has released its fourth quarter and full-year earnings report and despite consecutive down quarters to finish the year, the heavy equipment manufacturer saw overall gains in both profit and sales during 2014. Sales were up 3 percent in 2014 to $7.3 billion thanks to increases in every segment except cranes. The figure met the […]

February 18, 2015

Business

Terex profit falls 30% in 3Q, reduces expectation for full-year earnings

Despite a slight sales boost, equipment manufacturer Terex saw earnings fall during the third quarter and has reduced its earnings forecast for the full year. Sales were up 3 percent over the same quarter last year to $1.8 billion, mainly due to the continued success of the company’s aerial work platforms (AWP) segment and a […]

November 2, 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

Aerial Work Platform sales propel Terex to profit in 1Q

Despite flat sales, Terex announced increased first quarter earnings thanks to the continued success of its Aerial Work Platform segment. Net sales were at $1.6 billion for the quarter, unchanged from the first quarter of 2013. Profit increased 69 percent to $32.6 million, or 28 cents per share. “We remain encouraged by the performance of […]

May 9, 2014

Business

Much improved 4Q and stronger 2013 sales push Terex to “a good year”

Releasing fourth quarter and full year results today, Terex said it had net sales of $7.1 billion during 2013, up 1.4 percent from 2012. Fourth quarter sales were up 12-½ percent in 2013 over the previous year to $1.8 billion, and tracking closely with third quarter net sales of $1.810.6 billion. Income from 2013 continuing […]

February 19, 2014