Slower market hits Genie sales

Euan Youdale Editor, Access International

07 February 2025

Net sales were 13.2% down in the fourth quarter at Terex’s Aerial Work Platform (AWP) division, which includes Genie and Terex Utilities, as the company faces slower market conditions in North America.

Sales reached $573 million for the final quarter of Terex AWP’s 2024 financial, representing a drop of $87 million compared to the same period last year.

Income from operations stood at $18 million in the fourth quarter, compared to $61 million, or 9.2% of net sales in the prior year…

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