Inside the News - Edition #833

Allan Leibowitz -
Inside the News
- 10 Aug 2017 ( #833 )
1 min read
This week's crop of financial reports continues the good news we saw last week.
Jungheinrich had another impressive quarter, with net sales up 22% and production rising 12% from the same period last year.
The stand-out region for the German giant was China, where half-year volumes soared by 41%.
Meanwhile, compact equipment manufacturer Wacker Neuson notched up record revenue levels for the second quarter of 2017, up 11% from 2016, while EBIT rose more than 40%.
And we also read this week that more than half of forklift users in the US are planning to buy new equipment in the next 12 to 24 months. Most of the purchases will be replacement equipment, with 42% of businesses expanding their fleets.
So, it looks like there are plenty of opportunities for manufacturers and dealers as the economy continues its steady growth.
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Inside the News - Edition #834
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Inside the News - 17 Aug 2017 (#834) On the back of a couple of weeks of very positive financial results from European materials handling manufacturers, we report this week that the momentum has crossed the Atlantic. US...
Inside the News - Edition #832
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Inside the News - 3 Aug 2017 (#832) We're starting to see solid growth reflected in the financial results in this latest reporting season and there are a number of reasons behind it. Firstly, the global economy is...
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Inside The News
In this week’s Forkliftaction News we look at the financial reports of some of the materials handling industry’s largest players including Hyster-Yale, KION and Hangcha... Continue reading
KION reports dip in Q1 revenue Frankfurt am Main, Germany
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