Independent journal on economy and transport policy
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In according to Terex trimester it improves the results also thanks to the investment in Konecranes
the period has been archived item with a profit clearly of 100,8 million dollars (+56.0%)
August 2, 2017
The American means producer of handling and raising Terex Corporation, than at the beginning of this year has completed the sale of the division Material Handling & Port Solutions (MHPS) to the Konecranes Finn, has concluded the first semester of the 2017 with a profit clearly of 96,2 million dollars respect to a net loss of -6,4 million dollars in the first half last year. The revenues are piled to 2,19 billion dollars (- 9.3%) and the operating profit to 69,6 million dollars (- 17.8%).
In the second solo trimester of this Terex year has recorded a profit clearly of 100,8 million dollars, with an increase of +56.0% on the correspondent period of 2016. The revenues are diminished of the -8,9% attesting itself to 1,18 billion dollars and the operating profit has grown of +3.4% to 75,9 million dollars. In the period April-june of the 2017 profit from running activities (MPHS is recorded as stopped activity) has turned out pairs to 95,4 million dollars regarding 109,6 million dollars in the same period last year. Terex has specified that to clearly of a profit after the taxes of 47,0 million dollars in great part produced from the investment in the actions of the Konecranes, titles that the American company has acquired in the within of the agreement for the cession of the MHPS ( on 17 May 2016), the profit from the running activities has turned out pairs to 49,6 million dollars regarding 60,6 million dollars in according to trimester of 2016.
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The American means producer of handling and raising Terex Corporation, than at the beginning of this year has completed the sale of the division Material Handling & Port Solutions (MHPS) to the Konecranes Finn, has concluded the first semester of the 2017 with a profit clearly of 96,2 million dollars respect to a net loss of -6,4 million dollars in the first half last year. The revenues are piled to 2,19 billion dollars (- 9.3%) and the operating profit to 69,6 million dollars (- 17.8%).
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
