WACKER NEUSON LOWERS REVENUE, PROFIT FORECAST

The Wacker Neuson Group has lowered its revenue and profit forecast for the current fiscal year.

Revenue and profit developed below previous expectations due to the ongoing economic slowdown in the emerging markets and in countries, which are dependent on raw material prices, the company said.

In light of these developments, the executive board lowered its forecast for the year to between EUR 1.35 and EUR 1.40 billion, down from EUR 1.40 to 1.45 billion. It also revised down it EBIT margin to between 7.0 and 8.0 percent from 9.5 to 10.5 percent.

The company will be publishing its nine-month report on November 12, 2015. It will issue its forecast for the coming year in March 2016 when it publishes its results for 2015.

Source: Wacker Neuson Group

TractoPart | Oct 18, 2015 | 0 comments

News

Recent News

Versatile Carmix takes concrete to North Mara Gold Mine in Tanzania

May 1, 2017

0 Comments

The gold mine in North Mara is situated in the north-west of Tanzania, at about 100 kilometres east of Lake Victoria and 20 kilometres south of the border with Kenya. The gold mine works an average of 8,000 tonnes of minerals a day and produced 287,188 ounces of gold in 2015. The gold

WORKERS’ MEMORIAL DAY

May 1, 2017

0 Comments

Workers’ Memorial Day, observed each year on April 28, honors workers killed, injured, or made ill at work. Since 1992, BLS has collected data on both nonfatal work injuries and illnesses that result in days away from work, and fatal work injuries. In 2015, the occupations with the highest number of nonfatal injuries and illnesses

TOP 15 CONSIDERATIONS FOR MAINTAINING UNDERCARRIAGE HEALTH AND PRODUCTIVITY

Apr 28, 2017

0 Comments

The undercarriage of a machine represents a significant portion of a piece of equipment’s purchase price. Proper maintenance and operation practices are critical for protecting your equipment investment. Undercarriage maintenance is critical to the overall productivity of a machine. It is the mechanism that gives tracked machines much of their power and stability. It also

Deere Adds 8-Year / 20K Hour Warranty on 944K Electric-Drive Components

Apr 27, 2017

0 Comments

John Deere is now offering a 96-month / 20,000-hour power electronic components warranty on the Deere 944K hybrid wheel loader. The warranty is retroactive to existing machines in the field and provided on new 944K loaders through October 31, 2018. The warranty includes a 96-month (eight-year) or 20,000-hour (whichever comes first) non-prorated assurance on wheel

VERMEER SILVER SERIES DRILL RODS COMPOSED OF S135 COMMON GRADE STEEL

Apr 27, 2017

0 Comments

Vermeer’s Silver Series drill rod is composed of S135 common grade steel and is threaded in the same facility as the company’s Firestick drill rod with the same column wall thickness. The Silver Series drill rod is available in four sizes: 1.66-inch, 1.9-inch, 2.06-inch, and 2.375-inch, for use on the D7x11 through the D24x40

CHILE: Construcción regional cae 7,5% y suma dos meses con cifras en rojo

Apr 26, 2017

0 Comments

Datos de Cámara Chilena de la Construcción estimaron retroceso de 7,5% en febrero que se suma al -10% de enero. Se busca consolidar esfuerzos público-privados para enmendar el rumbo. Por primera vez desde el año 2002, cuando se comenzó a publicar el Índice de Actividad de la Construcción Regional (INACOR), la Región de Coquimbo inicia

WACKER NEUSON LOWERS REVENUE, PROFIT FORECAST