Financial News

Local News
- 16 Aug 2007 ( #323 )
1 min read
Ritchie Bros sets another record
VANCOUVER, BC, Canada

Ritchie Bros Auctioneers Incorporated's earnings grew 17% more than the first half of 2006, reaching USD44.1 million for the six months ended June 30, 2007.

Gross auction proceeds for the first half of 2007 were USD1.65 billion, also 17% higher than the prior year's corresponding period. It represents the largest first half in the company's history. Auction revenues for the first six months were USD163.9 million, a 22% growth from last year.

Ritchie Bros conducted 87 unreserved industrial auctions in North America, Europe, the Middle East, Australia, Mexico and Asia in this period.

Rocla boasts strong sales growth
JÄRVENPÄÄ, Finland

Net sales for Rocla Oyj were up 19.9% for the first half of 2007, compared to the corresponding period last year.

Rocla's sales were EUR61.2 million (USD82.5 million) for 1 January to 30 June 2007. Operating profit for this period was EUR2.0 million (USD2.7 million). Machine orders at the end of June 2007 stood at EUR27.4 million (USD36.9 million), a 43.8% jump from last year.

Meanwhile, the integration of Rocla's warehouse trucks and automated guided vehicles operations will be finalised by the end of 2007. In 2006, Rocla merged with its forklift rental business and automated guided vehicle company to improve cost efficiency (Forkliftaction.com News #273).
Electric forklift market to grow by 10.2% annually
Electric forklift market to grow by 10.2% annually 5 Dec 2024 - Wilmington, DE, United States - 1 min read
ERA probes digital ‎transformation
ERA probes digital ‎transformation 26 Jan 2023 - Brussels, Belgium - 2 min read
Technology still a major supply chain issue - MHI
Technology still a major supply chain issue - MHI 11 Apr 2019 - Chicago, IL, United States - 1 min read
Previously about:
Movers & Shakers News Story - 24 Apr 2008 - 1 min read
Briefs News Story - 23 Apr 2009 - 1 min read
Forklift designers gather with world’s best News Story - 10 Jul 2008 - JÄRVENPÄÄ, Finland - 1 min read
Rocla buys VB Trucks News Story - 5 Jun 2008 - JÄRVENPÄÄ, Finland - 1 min read
Do you have materials handling news? Submit your news here

Showcased in the Virtual Expo

Since July 2000, Forkliftaction News has been your guide to the developments that are shaping your industry.

Starting today we are also looking back on some of the key news stories from our extensive news archive.

In the news email and on the website, you'll see links to stories that were 'leading our news' multiple years ago, with topics spanning world-first products, big acquisitions, and major industry shifts.
We hope you enjoy this unique insight into the materials handling industry!

Words of support …

These releases in Forkliftaction are a nice experience for SNDC... We got seven inquiries coming from Canada, USA, Mexico, Israel and Australia (five from retailers, two from machines manufacturers) and we are still in contact with them. I can state that's a success story!

David Massat, Sales Director OEM and Export

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

Forkliftaction's JOB MARKET

It’s the year 2000. You’re in front of a boxy beige desktop waiting for the screeching ramblings of your dial-up to reach its finale. You go to Yahoo!, MSN, or maybe AOL, and start the mind-numbing process of finding your very specific needle in the digital haystack. And with web pages loading one image at a time, patience isn’t just a virtue – it’s a requirement!

As clumsy as this early iteration seems now, this technology was the great enabler that allowed Forkliftaction to connect to the industry across the globe.  

To everyone who has connected with Forkliftaction in the past 25 years, thank you for your contribution to our success! We feel deeply touched by your words of encouragement.

What has Forkliftaction meant to you? Drop us a line.

PREMIUM business

Zhejiang UN Forklift Co., Ltd
Manufacturer of IC forklifts, electric forklifts and warehouse equipment.

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

Forkliftaction's JOB MARKET

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

Forkliftaction's JOB MARKET

It’s the year 2000. You’re in front of a boxy beige desktop waiting for the screeching ramblings of your dial-up to reach its finale. You go to Yahoo!, MSN, or maybe AOL, and start the mind-numbing process of finding your very specific needle in the digital haystack. And with web pages loading one image at a time, patience isn’t just a virtue – it’s a requirement!

As clumsy as this early iteration seems now, this technology was the great enabler that allowed Forkliftaction to connect to the industry across the globe.  

To everyone who has connected with Forkliftaction in the past 25 years, thank you for your contribution to our success! We feel deeply touched by your words of encouragement.

What has Forkliftaction meant to you? Drop us a line.