When German giant Jungheinrich speaks, it's worth taking note. And the messages in Jungheinrich's 2017 full-year results are optimistic.
The manufacturer notes strong growth in the global market for materials handling equipment - up 18% or 213,000 units. More importantly, the results contradict those who have been predicting the demise of IC forklifts. That market experienced a "steep rise".
According to Jungheinrich, China is still going gangbusters, while its major markets of Europe and North America are growing strongly. And Eastern Europe remains a hot spot, with 20% growth.