JLG profit and sales leap

Euan Youdale Editor, Access International

03 August 2023

JLG exprienced impressive rises in sales and profits in the second quarter of its 2023 financial year, partly aided by its recent acquisition of Hinowa and efforts to meet supply chain challenges.

Sales revenue increased 35.9% to $1.33 billion in the second quarter, compared to the same period last year. Apart from an increase in equipment sales, JLG’s parent company Oshkosh said it had increased the price of equipment in response to higher material costs and was now including sales from its…

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