Terex forecasts 12% bounce-back in 2021
By Murray Pollok12 February 2021
Terex Corp has reported a 29.3% reduction in revenues for 2020 to US$3.07 billion, with aerial platform sales down 34.6% for the year at $1.77 billion.
The final quarter showed that the impact of the economic downturn was lessening, with year-on-year reductions of 11.1% for the whole business and a 17.5% reduction for the access segment. Terex said there was “modestly improving customer sentiment” in the North America and European access markets.