Double digit sales rise at Tadano

First quarter results for the fiscal year period 1 April to 30 June 2006 at Tadano in Japan show a 14% increase in sales compared to the same period in 2005. Sales were YEN 30,705 million (US$265 million) for the quarter, with fleet renewal cited as the main reason for the rise. In overseas markets sales rose by 26% to YEN 12,366 million ($106 million) due to higher demand in North America, Eastern Europe and the Middle East.

On the profit side, ordinary income rose 43.1% to YEN 3,004 million ($25 million) due to increased sales and improvements in the cost of sales ratio.

The company forecasts sales for the full fiscal year from April 2006 to April 2007 to total YEN 134,000 million ($1,157 million).