FONT-SIZE Plus   Neg

Wacker Neuson FY11 Profit Rises - Quick Facts

Wacker Neuson SE (WKRCF.PK) posted fiscal 2011 consolidated earnings of 85.8 million euros or 1.22 euros per share versus 23.9 million euros or 0.34 euros per share last year.

EBITDA for the year rose to 162.6 million euros from 77.8 million euros in the prior year.

Revenue improved year-over-year to 991.6 million euros from 757.9 million euros.

Looking forward, assuming market trends remain positive, the Executive Board predicts overall revenue for fiscal 2012 of around 1.1 billion euros and an EBITDA margin of at least 15 percent. It also expects double-digit revenue growth in 2013, with the same high levels of profitability

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Apple confirmed that it has bought face animation software firm Faceshift, although it was tight lipped about how it intends to use the new addition. The move is speculated as a bid to expand into virtual reality. Environment ministry of South Korea Thursday ordered Volkswagen Korea to recall 125,522 diesel vehicles on determining actual emissions of nitrogen oxides. The ministry has asked the German automobile maker to pay a fine of 14.1 billion Won or $12.31 million. The company has to submit a recall plan by January 6, 2016. The U.S. Food and Drug Administration has alerted health care professionals and patients of a voluntary recall of compounded multivitamin capsules containing high amounts of Vitamin D3 (Cholecalciferol), distributed nationwide by Glades Drugs in Pahokee, Florida. FDA has received reports of several...
comments powered by Disqus
Follow RTT