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Tag: financials
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
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
CNH Industrial full-year revenue flat, but 9% profit gain in 4Q adds to overall positive 2013
Following a down third quarter, CNH Industrial saw an increase in profit for the fourth quarter add to an overall positive 2013 for the company. CNH Industrial reported this morning that full-year net revenues were flat at $35 billion (€25.8 billion). Meanwhile, net profit rose 2 percent from 2012 to $1.2 billion (€917 million). For the fourth […]
January 30, 2014
Business
LiuGong North America says 2013 was a record breaking year
Although it released no numbers, LiuGong North America says the fourth quarter of 2013 was record breaking, “making 2013 the most profitable year with four consecutive profitable quarters since North American operations began in 2008.” The company also says it has a record number of orders going into the first quarter of this year. LiuGong […]
January 30, 2014
Business
Profits drop 33% in 2013, but Caterpillar’s better-than-expected 4Q provides momentum for ’14
Caterpillar released its fourth quarter and full-year financial results for 2013 this morning, with numbers that were better than expected by Wall Street analysts. The heavy equipment manufacturer’s profits were $1 billion in the fourth quarter, an increase of 44 percent from 4Q 2012. That increase is mostly due to the $580 million impairment charge […]
January 27, 2014
Business
John Deere reports record profits in 2nd quarter; construction equipment expected to continue decline
Attributing the news to higher sales of farm equipment, John Deere is reporting its highest ever quarterly net profit of $1.084 billion in the second quarter ending April 30. Compared to the same quarter a year ago, profit was up 2.6 percent from $1.056 billion. For the first six months of the fiscal year starting […]
May 15, 2013
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