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Tag: earnings reports: Page 2
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
Business
Komatsu profit up 26% in first 9 months due to increased demand for construction equipment
Despite impact from a low demand for mining equipment, Komatsu saw increases in both sales and profits for the first nine months of its fiscal year. The company reported net sales of $13.6 billion (1.38 trillion yen), up 3 percent over the same period in 2012. Operating income rose 10 percent to $1.6 billion (165.6 […]
February 2, 2014
Business
John Deere Q4 and fiscal-year profits again increase to record highs
For the third straight year and the 14th-straight quarter, John Deere has announced record earnings. And, based on the recovering economy and housing market, the manufacturer sees things pickup up for its construction equipment business in 2014. The heavy equipment manufacturer announced Wednesday that profit for the fourth quarter of the year was up 17 […]
November 20, 2013
Business
Caterpillar global dealer sales down 13 percent
According to recent SEC filing, Caterpillar reported that its global dealer sales dropped 13 percent in the three month period ending in February when compared to the same period last year. The Asia/Pacific region dealt much of the blow with sales there down 26 percent during that time period. Here in North America, the company’s […]
March 22, 2013
Business
Sunbelt Rentals posts 21% revenue gain for FY Q1-Q3
Sunbelt Rentals has reported $1.368 billion in total revenue for the first three quarters of fiscal 2013 through January 31, up 21 percent from $1.130 billion for the previous year’s first nine months, Rental Equipment Register (RER) reported. EBITDA for the nine-month period was $571.5 million, an increase of 37 percent from $416.5 million for […]
March 8, 2013
Business
Ritchie Bros. sees increased auction earnings, big boosts online in 2012
Ritchie Bros. Auctioneers announced today that it brought in net earnings of $82.6 million in 2012, a 12 percent increase from adjusted earnings in 2011. The company notes that without its purchase of AssetNation, which it used to build its new EquipmentOne equipment sales website, net earnings would have been an improvement of 17 percent. […]
February 26, 2013
Business
Terex income and sales up in 2012 despite Q4 declines
Terex announced today income of $103.6 million on sales of $7.3 billion in 2012. Both marks are increases over 2011. Income was up 60 percent over the $38.6 million made in 2011, while sales were up 12 percent over 2011’s $6.5 billion. Fourth quarter 2012 net sales were down 13.3 percent from same period in […]
February 20, 2013
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