The hottest Genie released the financial performan

2022-08-04
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Genie publishes the financial performance report for the first half of 2019

genie publishes the financial performance report for the first half of 2019

China Construction Machinery Information

. Compared with the previous year, the global terexawp backlog remained stable at US $746million

in the second quarter, the operating income decreased from US $111.6 million (13.1% of net sales) in the same period in 2018 to US $86.3 million, accounting for 9.9% of net sales

mattfearo830 ⑴ n, genie president of Terex AWP, said that the global aerial work platform market remained healthy, and the North American utility market remained strong. He predicted that the performance in the second half of 2019 would be similar to that in the second half of 2018 in terms of overall revenue and operating profit margin

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he continued that we continue to see strong growth in China through greater adoption of our advanced products. We are excited about the long-term growth prospects in the Asia Pacific region. The recently launched genieliftconnect telematics solution is progressing smoothly - customers are beginning to see that the operational information provided by genieliftconnect and his Shandong innovation group ftconnect project can help them improve the rental return on their investment in Genie equipment

fearon added that the team of Terex utilities continued to perform well in the strong market, and their state-of-the-art new plant in Watertown, South Dakota, was still on schedule

Terex's net sales in the second quarter of 2019 were $1.3 billion, an increase of 4% over the second quarter of 2018. Excluding the impact of exchange rate, global sales increased by 8% compared with the second quarter of 2018

johngarrison, chairman and CEO of Terex, added six materials as starting materials or processing aids for plastics in contact with food in the new regulations, said, "Terex continued to grow in the second quarter. The global demand for our leading products and services was generally stable at a healthy level, and we continued to meet the needs of diversified customers."

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