All Financial results Articles

Signs of stability in Manitowoc's second quarter
The Manitowoc Company reported sales of $876.5 million for the second quarter of 2010, down 12.4% from US$1 billion in the second quarter of 2009. The company attributed the sales decrease to a 31% decline in crane segment sales, partially offset by an 11% increase in food service segment sales
Order books up at Terex but crane sales cool
Net sales at Terex Cranes dropped US$23.8 million, or 5%, to $449.1 million in the second quarter of 2010, compared to the same quarter in 2009
First quarter optimism from Palfinger
Palfinger's 2010 first quarter revenues trailed behind figures from the same period in 2009 but EBIT pulled the company into the positive
Tower cranes shine for Tat Hong
Revenue at Tat Hong Holdings was down 22% overall for the 12 months to 31 March 2010 but it was up 37% in the tower crane rental division
Essex holds out for upturn following Q1 results
Lower utilization rates pushed down rental revenue at US-based Essex Rental. Corp during the first quarter of 2010
Tiong Woon holds out for hopeful future
Singapore-based Tiong Woon posted a 35% increase in net profit for the third quarter of its 2009/2010 financial year but remains cautious about the future
Manitowoc sales drop, backlog rises 7%
Sales for the first quarter of 2010 in Manitowoc's Crane segment were down 45.5% from a year earlier but the order backlog was up 7% from the previous quarter
Sales of large crawlers help Terex
Demand for large crawler and high capacity all terrain cranes helped minimise a fall in net sales in the Terex Cranes segment for the first quarter of 2010 at US$29.3 million or 6.6%
Cranes bolster Liebherr
2009 turnover for Liebherr Group down -16.9% on 2008 to € 6.9 billion.
Crane rental rate drop hits Essex during 2009
Essex Rental Corp. experienced a difficult 2009 but expects utilization rates to increase through 2010. The US-based company, which includes Essex Crane Rental Corp., reported 2009 fourth quarter rental-related revenue was US$8.7 million, compared to $19.8 million for the 2008 period
Ritchie Bros. increases auction revenues in 2009
International auctioneer Ritchie Bros. announces increase in auction revenues in 2009.
Terex Cranes rides rough 2009
Terex saw net sales in its cranes segment drop 25.2% to US$557.2 million in the fourth quarter of 2009, compared to $187.8 million in the same period 2008
Terex sales halve
Terex reported 2009 sales of US$ 4 billion, down -51.8% on the US$ 8.3 billion recorded 12 months ago. Following a pre-tax profit of US$ 71 million in 2008, the company recorded a pre-tax loss of –US$ 398 million for 2009.
Tiong Woon down in half year but hopeful for future
Half year results for Tiong Woon Corporation (TWC) are down but its heavy lift segment shows signs of future growth
Cargotec ends 2009 on positive note
While sales dropped 24% in 2009 at Cargotec, performance in the fourth quarter meant the year ended more positively
Cargotec's tumultuous 2009 concludes on positive note
Finland-based Cargotec saw sales drop 24% during its 2009 financial year, which was marked by job cuts, factory reorganisation and company restructuring
Manitowoc 2009 sales down, order intake positive
Sales for 2009 at the Manitowoc Company were down 16% but there was still a net positive order flow in the crane segment at the end of the year
Positive outlook from Palfinger
Palfinger suffered losses during its 2009 financial year but remains positive following restructuring measures and investments
IronPlanet reports record 2009
IronPlanet reports gross equipment sales of US$ 458 million in 2009, an increase of +34% over 2008.
LiuGong cranes on the move
Chinese crane and construction equipment manufacturer LiuGong opened a new crane factory and relocated its operations on 19 December 2009
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