Tag: construction equipment sales: Page 11

Dealers

Business Roundup: Finning Q2 revenue up 21%; Komatsu Q1 sales up 44%; Takeuchi-US adds Courson Equipment; ARA drops rental forecast

Largest Cat dealer Finning Q2 revenue jumps 21% Second quarter revenue for the largest Caterpillar distributor Finning International jumped 21 percent to $1.58 billion, compared to the same period last year, driven by a 46-percent increase in new equipment sales on a consolidated basis. The company also cites product support revenue growth of 13 percent, […]

August 22, 2017

Dealers

Komatsu Q1 sales jump 44%, profit doubles in wake of Joy Global acquisition

The immediate impact of Komatsu’s acquisition of Wisconsin-based surface and underground mining equipment manufacturer Joy Global has been overwhelmingly positive as the Japanese equipment manufacturer has seen big sales and profit gains in the first quarter of the current fiscal year. According to the company’s FY 2018 Q1 earnings report, sales are up 44.2 percent to […]

August 11, 2017

Construction Equipment

Astec profit dips 22% in Q2, despite sales increase

Astec Industries reported net sales of $301.9 million for the second quarter of 2017, a 3 percent increase compared to the same period in 2016. Profit however fell 22 percent during the quarter to $14.4 million, or $0.62 per diluted share. Domestic sales decreased 2 percent to $236.9 million during Q2, while international sales increased […]

August 8, 2017

Dealers

INFOGRAPHIC: Wheel loader sales and buyer trends

A snapshot of new and used sales trends from Randall-Reilly’s Equipment Data Associates and TopBid auction price service.

July 21, 2017

Dealers

Volvo CE Q2 sales spike 36%, operating income up three-fold

Volvo Construction Equipment says its second quarter 2017 net sales grew by 36 percent compared to the same quarter last year, to 18.51 billion Swedish Krona (SEK) ($2.23 billion). For the first half of 2017, the company’s net sales total of 34.67 billion SEK ($417.3 million), an increase of 32.9 percent compared to the first […]

July 20, 2017

Dealers

John Deere Q2 profit spikes 62%, sales and revenue up 5%

Deere & Company’s net income grew 62 percent in the second quarter of its fiscal year 2017, which ended April 30. Net income rose to $820.4 million compared to the $495.4 million in the same period last year. Net income for the first six months of the year reached $996.2 million, compared to $749.8 million […]

May 25, 2017

Dealers

INFOGRAPHIC: Compact excavator sales and buyer trends

A snapshot of new and used sales trends from Randall-Reilly’s Equipment Data Associates and TopBid auction price service.

May 19, 2017

Construction Equipment

Terex encouraged by early impact of restructuring as sales decrease 10% in 1Q

Despite a sales decrease of 10 percent from the same period last year, Terex Corporation reports that the company sees encouraging signs in its first quarter earnings moving forward. For the first quarter, Terex reported net sales of $1 billion, down from 1Q 2016 sales of $1.1 billion. The company reports a loss from continuing […]

May 3, 2017

Dealers

INFOGRAPHIC: Articulated hauler sales and buyer trends

A snapshot of new and used sales trends from Randall-Reilly’s Equipment Data Associates and TopBid auction price service.

April 14, 2017

Dealers

Worldwide equipment sales forecast up 7% for 2017; North America to grow by 6%

Off-Highway Research is forecasting construction equipment sales worldwide will grow 7 percent in 2017. The firm expects total machine unit sales will reach 695,142 this year, compared to 650,133 in 2016. “Sales of construction equipment last year were affected by weak economic growth worldwide and low global prices for many commodities,” says David Phillips, managing […]

March 7, 2017

Roadbuilding

Following shift to dealer distribution, Roadtec calls 2016 “best year ever” with 10% sales growth

Roadtec reports sales grew 10 percent in 2016 and has set a goal for a 20 percent increase in 2017, citing expectations from the Fast Act signed in 2015 that provides for the Highway Trust Fund for six years. The company did not provide specific sales figures. “Jobs were created, optimism returned, new roads began […]

February 21, 2017

Dealers

INFOGRAPHIC: Compact track loader sales and buyer trends

December 26, 2016