Wacker Neuson keeps growing despite ‘difficult conditions’
29 March 2023
Germany-based equipment manufacturer Wacker Neuson Group has posted revenue growth of more than 20% for the 2022 financial year – despite what it called “generally difficult conditions” created by the war in Ukraine and ongoing supply chain issues.
The company also said that despite the risk of sudden and significant changes in the next 12 months, the overall outlook is positive, and it forecasts revenue growth between 2 and 11% during 2023.
However, profitability was slightly weakened due to higher procurements costs, with the EBIT (Earnings Before Interest…
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