All Financial results Articles

Lemminkäinen reported 2009 sales of € 1,96 billion, down -21% on the € 2,48 billion recorded 12 months ago

Fourth quarter profits rise for the Dubai-based real estate developer.

Veidekke's construction division has reported a -16 % decline in its fourth quarter sales for 2009 to NOK 3,22 billion (€ 398 million) from NOK 3,83 billion (€ 473 million) during the same period in 2008.

Half year results for Tiong Woon Corporation (TWC) are down but its heavy lift segment shows signs of future growth

Figures imporve following Centex merger

Eiffage reported 2009 Group sales of € 13,2 billion, matching its 2008 figures, although sales in its construction businesses fell -10% from € 4,1 billion in 2008 to € 3,7 billion.

While sales dropped 24% in 2009 at Cargotec, performance in the fourth quarter meant the year ended more positively

Soft conditions seen continuing this year in Europe and North America, with more robust growth elsewhere, particularly China.

United Rentals has managed to dramatically reduce its losses, reporting a US$26 million net loss for the final quarter of 2009 compared to a $853 million loss in the same quarter of 2008. Net losses for the full year were down to $62 million compared to $704 million for 2008.

Skanska reported sales in 2009 of SEK 136,8 billion (€ 13,3 billion), down -4,7% on the SEK 143,6 billion (€ 14 billion) recorded 12 months ago.

Manitou said it expected to see “mid to high single digit growth” in 2010 compared to 2009, although the first half of the year is unlikely to see any significant growth.

Atlas Copco's Construction and Mining Technique (CMT) division reported total sales of SEK 26 billion (€ 2,5 billion) for 2009, a - 18% decline compared to the SEK 32 billion (€ 3,13 billion) recorded at the end of 2008.

Finland-based Cargotec saw sales drop 24% during its 2009 financial year, which was marked by job cuts, factory reorganisation and company restructuring

Sales for 2009 at the Manitowoc Company were down 16% but there was still a net positive order flow in the crane segment at the end of the year

American house builder D. R. Horton has reported first quarter sales to 31 December 2009 of US$ 1.1 billion, up +23%

Sandvik Mining and Construction reported 2009 sales of SEK 32,6 billion (€ 3,2 billion)

Vinci reported 2009 full year sales of € 31,9 billion, down -4,6% on its 2008 revenues of € 33,4 billion.

JLG Industries' sales of aerial platforms and telehandlers fell by 45.6% to US$200.4 million for the final quarter of 2009, although JLG benefited from an additional $527.6 million in revenues by producing M-ATV military vehicles for its parent company, Oshkosh Corp. Sales of new aerial platforms and telehandlers fell by 60%.

Revenues fell –37% in 2009, but the world’s biggest construction equipment manufacturer expects +10% to +25% growth this year.

Revenues from construction equipment tumbled last year. Company remains cautions about 2010.