Tadano sales up nearly 16%

Sales at Japanese crane manufacturer Tadano were JPY 44,082 million (US$ 425 million), for the first quarter of the 2014 financial year (three months ending 30 June 2014), up 15.7 % on the first quarter of the 2013 financial year.

The increase for sales of wheeled mobile all terrain and truck mounted cranes and straight boom truck loader cranes in Japan was 16 %, to JPY 16,743 million ($ 161 million). Sales from outside Japan were up 13.1 % from the same period a year earlier, at JPY 27,339 million ($ 263 million). Sales from outside Japan were 62 % of the total.

Operating income was JPY 5,817 million ($ 56 million), up 24.3 % from the same period during the previous fiscal year. Net income for the quarter was JPY 3,698 million ($ 36 million), down 6.9 % from the same period during the previous fiscal year.