VIDEO: Equipment manufacturers 2008 results round up
By Chris Sleight17 February 2009
A group of nine major equipment manufacturers in Europe and the US saw their sales rise an average of +10% last year, but operating profits fell by a quarter. Results for the fourth quarter of the year were starker with sales down more than -6% compared to the same period in 2007, and profits wiped-out.
In this video, Chris Sleight looks at the winners and losers over the last year, and especially its final quarter, with an overview of how profitability has changed in the industry and which companies are the best performers.
If you are interested in this sector, keep your eyes open for our April video on the Yellow Table, International Construction's ranking of the world's 50 largest construction equipment manufacturers. This will be accompanied by an in-depth report in the April edition of magazine.
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