Terex reports strong First Quarter 2024 results; raises full-year outlook
Sales of $1.3 billion increased 5% year-over-year Income from operations of $158 million, up 7% year-over-year Operating profit margin of 12.2% improved 20 bps year-over-year Earnings per share of $1.60 Return on invested capital of 27.6%, up 370 bps from the prior year Raising full-year 2024 EPS outlook to a range of $6.95 to $7.35 Increasing full-year 2024 sales outlook to a range of $5.2 to $5.4 billion Terex Corporation, a global...
KION Group starts solid with increases in revenue and earnings
Revenue up by 2.8 percent to € 2.859 billion (Q1 2023: € 2.781 billion) Adj. EBIT improves to € 226.7 million (Q1 2023: € 156.0 million) Adj. EBIT margin of 7.9 percent (Q1 2023: 5.6 percent) Positive free cash flow of € 65.7 million (Q1 2023: € 104.9 million) Full-year 2024 outlook confirmed The KION Group started the financial year 2024 with revenue growth and improved profitability. The adjusted EBIT margin of 7.9 percent came in...
Herc Holdings reports strong First Quarter 2024 and affirms 2024 full-year guidance
Record first quarter total revenues of $804 million, an increase of 9% Net income decreased 3% to $65 million, or $2.29 per diluted share Adjusted EBITDA of $339 million increased 10%; adjusted EBITDA margin increased to 42.2% Rental pricing increased 5.1% year-over-year Added 15 new locations through M&A and greenfield openings Corporate credit rating upgraded by S&P Global to BB Herc Holdings Inc. has reported financial...
Mitsubishi Logisnext Americas launches Logisnext Financial Services through partnership with DLL
Simplifies acquisition process, provides added flexibility Mitsubishi Logisnext Americas (Logisnext), a manufacturer and provider of material handling, automation, and fleet solutions, has announced the launch of Logisnext Financial Services, providing customers with one single point of contact for equipment purchasing and financing. The new service is offered through Logisnext’s strategic partnership with DLL, a global asset finance...
KION Group ends FY 2023 strong
Strong financial year 2023: KION more than doubles adjusted EBIT and margin with outstanding free cash flow Record level revenue of € 11.434 billion (2022: € 11.136 billion) Adj. EBIT more than doubled to € 790.5 million (2022: € 292.4 million) Adj. EBIT margin of 6.9 percent (2022: 2.6 percent) Outstanding free cash flow of € 715.2 million (2022: € -715.6 million) Dividend proposal of € 0.70 per share (2022: € 0.19) KION Group...
H&E Equipment Services report Fourth Quarter and Full Year 2023 results
H&E Equipment Services, Inc. has announced results for the fourth quarter and full year ended December 31, 2023, with record strategic expansion, impressive revenue growth, and steady margin appreciation contributing to another year of record financial performance. On October 1, 2021, the Company sold its crane business, (the “Crane Sale”). All results and comparisons for the periods reported are presented on a continuing...
Nucor reports results for the Fourth Quarter and Full Year 2023
Fourth quarter and full year 2023 diluted EPS of $3.16 and $18.00, respectively. Fourth quarter and full year 2023 net earnings before noncontrolling interests of $872.8 million and $4.91 billion, respectively; EBITDA of $1.36 billion and $7.41 billion, respectively. 2024 is expected to be another strong year as Nucor executes its strategy to grow the core and expand its portfolio of solutions. Capital deployment is expected to...
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