logo
Share SHARE
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
Succumbing to competition from the latest smartphones, BlackBerry has decided to shut down its phone making business. Once a market leader and a highly preferred phone maker, BlackBerry's products were highly praised for its security features and ergonomic designs. In fear of hard plastic contamination in cooked chicken nuggets, Tyson Foods has voluntarily recalled more than 132 thousand pounds of fully cooked nuggets. Wells Fargo's two former employees have filed a lawsuit against the bank, seeking $2.6 billion, on behalf of employees affected amid the unauthorized accounts scandal. The plaintiffs are seeking class-action status for the lawsuit. Former employees Alexander Polonsky and Brian Zaghi accuse Wells Fargo of wrongful termination.
comments powered by Disqus
Follow RTT