Access equipment boosts Oshkosh results

News Story
- 9 May 2019 ( #922 ) - Oshkosh, WI, United States
1 min read
A JLG parts centre
A JLG parts centre
Oshkosh Corporation has reported a 5.5% increase in net sales for the second quarter of fiscal 2019. Consolidated net sales reached USD1.99 billion due to higher access equipment, defence and fire & emergency segment sales.

"We are pleased to report another quarter of strong performance highlighted by growth in revenue, operating income and earnings per share," says Wilson R. Jones, president and chief executive officer of Oshkosh Corporation. "We delivered increased sales in three of our four segments.

"This quarter truly exemplifies why we are a different integrated global industrial. Our diverse end-market exposure coupled with our integrated operations and supply chain allowed us to overcome a number of challenges, including a significant weather-related disruption in our commercial segment, to deliver higher consolidated year-over-year sales and earnings."

Net sales for the access equipment segment increased 6.4% to USD987.6 million. The increase in sales was due to increased sales volume and higher pricing in response to higher material costs.

Sales grew in all regions in the second quarter of fiscal 2019, led by the Pacific Rim.

On the back of the current results, the company is raising its fiscal 2019 full year outlook. The company now expects consolidated sales to be between USD8.20 billion to USD8.30 billion.

Oshkosh is a leader in designing, manufacturing and servicing a broad range of access equipment, commercial, fire & emergency, military and specialty vehicles and vehicle bodies under the brands of Oshkosh, JLG, Pierce, McNeilus, Jerr-Dan, Frontline, CON-E-CO, London and IMT.
Jungheinrich records ‘resilient’ results
Jungheinrich records ‘resilient’ results 16 Aug 2024 - Hamburg, Germany - 1 min read
KION narrows revenue forecast
KION narrows revenue forecast 8 Aug 2024 - Frankfurt, Germany - 1 min read
Kalmar makes stock market debut
Kalmar makes stock market debut 4 Jul 2024 - Helsinki, Finland, Finland - 1 min read
Previously about:
JLG releases electric telehandler, expands range News Story - 19 Jun 2025 - McConnellsburg, PA, United States - 1 min read
OshKosh completes Ausa acquisition News Story - 12 Sep 2024 - OshKosh, WI, United States - 1 min read
Oshkosh to acquire Spain’s Ausa News Story - 16 May 2024 - Oshkosh, WI, United States - 1 min read
Do you have materials handling news? Submit your news here

Showcased in the Virtual Expo

Even the heaviest lifts must be easy to handle. That’s why N.C. Nielsen raises the bar in lifting capacity, maneuverability, operator comfort, flexibility and technical capabilities.
Heavy duty reach stackers – lifting capacity from 85 to 180 tons.
VIEW ALL OUR CUSTOM-BUILT HEAVY DUTY REACH STACKERS

Contact us now: +45 99 83 83 83 - www.nc-nielsen.com

Words of support …

After advertising with Forkliftaction.com, we got many enquiries regarding interest to be our distributor. Mostly from Europe and USA but including a few in ASEAN. We feel that the advertisement was useful and good for market expansion.

Lawrence Xu, Assistant Sales Manager

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

We’re excited to launch a major upgrade to the Forkliftaction forums, packed with new features and improvements. Here’s what’s new:

  • You can now add up to two photos to your posts
  • New search & navigation - find what you need easier
  • Smart brand/model tagging across all forums
  • Top contributors recognised for their efforts!

 Head over to the forums to check it out!

PREMIUM business

VETTER Industrie GmbH
The world's most comprehensive range of forks and the most intelligent sensor fork for more safety and efficiency.

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

Even the heaviest lifts must be easy to handle. That’s why N.C. Nielsen raises the bar in lifting capacity, maneuverability, operator comfort, flexibility and technical capabilities.
Heavy duty reach stackers – lifting capacity from 85 to 180 tons.
VIEW ALL OUR CUSTOM-BUILT HEAVY DUTY REACH STACKERS

Contact us now: +45 99 83 83 83 - www.nc-nielsen.com