All Financial results Articles

Herc’s $5.3bn power play snags H&E from United Rentals
H&E Equipment has accepted a $5.3 billion bid from Herc Rentals
Herc to moderate spending after strong 2024
2025 market ‘lacks clarity’ says CEO Silber
Wärtsilä reports record Q4 and FY 2024 results
Company sees order intake increase 34% in Q4 2024 and 14% for the full year
Softening demand slows Q4 sales for JLG
OEM expects market moderation for first half of ‘25 followed by long-term growth
Cummins reports positive Q4 and record FY 2024 results
Full year 2025 revenues expected to range from down 2% to up 3%
Construction sales down for Caterpillar in Q4
Sales for Cat’s construction industries segment were down in all regions apart from one
Sales down in 2024 for Volvo CE
Sales drop for OEM but it highlights reasons to be positive for the future
United Rentals to acquire H&E in $4.8bn deal
Combines two of the largest rental businesses in N. America
Lion Electric suspends work in Illinois
Mirabel, Quebec plant to be sold.
Deutz reports profits despite demand slump
Adjusted EBIT margin of 4.4% reported in first nine months of 2024
AGCO reports third-quarter results
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Sales numbers decrease, record harvests pressuring crop prices
Cummins reports strong Q3 2024 sales
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Full-year EBITDA percentage adjusted to top end of previously projected range
Construction sales down for Caterpillar
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Caterpillar Q3 2024 construction sales decline in all regions except one
Wärtsilä reports improved net sales and profit
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Net sales grew 18% in Q3 and are up 5% year to date
Strong Q3 margins for Volvo CE despite market slowdown
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Volvo Construction Equipment (Volvo CE) has announced that the company maintained robust margins in the third quarter of 2024
Deutz reports anticipated drop in engine sales
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The decline is linked to the cyclical nature of the engine market
Scotland’s Grangemouth fuel refinery to close in 2025
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Chief executive says demand for fuels produced at plant is declining
Profits grow at JCB but outlook challenging
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Sales up by 14% for OEM but market outlook for 2024 “challenging”
Deutz maintains profit in first half despite market weakness
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EBIT margin for the first half of 2024 remains virtually unchanged from year-ago level
Sales for Caterpillar’s construction division drops in Q2
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Construction equipment sales for the world’s largest OEM declined in all regions apart from one
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