RER Magazine

SUBSCRIBE NOW!

Newsletters

RER REPORTS
RER PRODUCT WIRE

Newsletters

Stay up-to-date on the latest marketing intelligence and opportunities.

RER Reports RER ProductWire
Subscribe

Issue Archive

Event Calendar

Green Industry and Equipment Expo

Power-Gen International

Dec. 2-4
Orlando, FL
www.power-gen.com

World of Concrete

Feb. 3-6, 2009
Las Vegas Convention Center
Las Vegas, NV
www.worldofconcrete.com

The Rental Show

March 2-5, 2009
Georgia World Congress Center
Atlanta, GA
www.therentalshow.com


         Subscribe in NewsGator Online   Subscribe in Bloglines  

Preliminary Numbers Strong in First Half for Wacker

Based on preliminary figures, sales generated by Wacker Construction Equipment AG, soon to be Wacker Neuson SE, rose in the first six months of 2008 to about €472 million (about U.S. $734 million), compared to €341.7 million for the same period last year. The increase is the result of the merger of Wacker and Neuson.

Profit for the first-half year was influenced by the high levels of investment and intensive sales activities undertaken by the Wacker group, including the large-scale stocking of group-owned rental and demo fleets with compact equipment manufactured by the group.

Following strong results through April, the general economic global climate caused a decrease in demand in May and June, the company said, fueled in part by the U.S. subprime crisis, the weakening of the U.S. dollar and the increase in the price of raw materials.

Wacker will release its complete half-year report Aug. 14.


Commenting terms of use blog comments powered by Disqus

Want to use this article? Click here for options!
© 2008 Penton Media Inc.

most recent story

popular articles

Popular Articles

Stock Block

Buyers Guide

Buyers Guide

The RER Industry Directory is the resource buyers like yourself rely on when looking for up-to-date information on the products or services you are searching for.

Learn More
Sourcebook

Rental Rate Guide

Rental Rate Guide 2008

Want to know how much equipment is renting for these days? Find out in RER’s original 2008 Rental Equipment Rate Guide.

Learn More Add to Shopping Cart
Sourcebook