Independent journal on economy and transport policy
11:39 GMT+1
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Terex Corporation has archived item the first trimester with a net loss of -71,0 million dollars
The volume of transactions is dropped of -4,6%
May 2, 2016
In the first trimester of this year the means producer of raising Terex Corporation has recorded a decided worsening of the economic results having had archived item the period with a net loss of -71,0 million dollars respect to a profit clearly of 1,6 million dollars in the first three months of 2015, the first clearly quarterly economic result of sign negative after 12 consecutive quarterly periods concluded with a profit.
"Our results of the first trimester - it has explained the president and managing director of the American company, John Garrison - are online with our expectations. Our divisions Cranes and Material Handling & Port Solutions (MHPS) - it has specified - have had a difficult trimester and have accused the impact of the weakening of the markets. Our divisions Aerial Work Platforms (AWP), Material Processing (MP) and Construction have gone well and have obtained turned out, after the adjustments, analogous or better to those last year".
In the first trimester of the 2016 Terex it has recorded clean revenues pairs to 1,43 billion dollars (- 4.6%) and an operating result of sign negative (the first after 19 trimesters of positive sign) pairs to -41,7 million dollars respect to an operating profit of 44,2 million dollars in the first three months last year.
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In the first trimester of this year the means producer of raising Terex Corporation has recorded a decided worsening of the economic results having had archived item the period with a net loss of -71,0 million dollars respect to a profit clearly of 1,6 million dollars in the first three months of 2015, the first clearly quarterly economic result of sign negative after 12 consecutive quarterly periods concluded with a profit.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
