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Wacker Neuson FY11 Profit Rises - Quick Facts

3/22/2012 5:27 AM ET

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

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by RTT Staff Writer

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