All Financial results Articles
Net sales for the quarter down, order intake and full year forecast up
Japanese construction equipment manufacturer Komatsu forecast a 27.3% decline in operating profit for its 2025 financial year, amid rising costs
Demand strong across both construction and industrial end-markets
Sales up in some markets but down in others for first quarter of 2025
Herc posted a US$18 million net loss for Q1 2025
Company ‘closely monitoring’ tool hire division
Company takes big impairment charge on sale
M&A outside Europe play part in 11.6% year-on-year growth
Deal to take Group revenue past €5 billion
OEM cites full dealer stocks and weak demand for sharp decline but points to early signs of recovery and strategic cost-cutting efforts
Deadline for submissions is Friday, 2 May
Revenues hit by tough ecomomies but profits hold up in Product division
Significant 2024 increase on the back of revenue falls reported earlier this year
Company aims to double revenues by 2030
“Geographic and sectoral diversification” help company overcome “sluggish” markets
Spanish renter reports 8% revenue growth in 2024
Company also closes 10 sites in cost rationalisation exercise
Flat revenues in its main North American markets
Company says used equipment sales help to offset decline
H&E Equipment Services has accepted a $5.3 billion bid from Herc Rentals
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