Construction equipment manufacturer Wacker Neuson posted fourth-quarter revenue of EUR 264 million, up 28 percent from EUR 206.2 million in the comparable quarter last year.
The company said its group revenue rose 31 percent to EUR 991.6 million during fiscal 2011 from EUR 757.9 million in fiscal 2010.
'In the last two years alone, our company has seen revenue rise by around 66 percent. In 2011, growth was particularly strong in the US, Scandinavia and Central Europe. Our compact segment for the construction and for the agricultural industry revealed a particularly strong increase on the previous year,' explains Cem Peksaglam, CEO of Wacker Neuson SE.
by RTT Staff Writer
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