All Financial results Articles
JLG cites weaking N. American demand for sharp Q1 declines in telehandler and aerial sales
Challenging conditions cause revenue drops across nearly all regions
Company expects Herc deal to close in Q2
Net sales for the quarter down, order intake and full year forecast up
Demand strong across both construction and industrial end-markets
Legal action instigated by Xtreme in 2019
M&A outside Europe play part in 11.6% year-on-year growth
Deadline for submissions is Friday, 2 May
Revenues hit by tough ecomomies but profits hold up in Product division
Significant 2024 increase on the back of revenue falls reported earlier this year
Company aims to double revenues by 2030
“Geographic and sectoral diversification” help company overcome “sluggish” markets
Sales in 2024 down by 3.5%, but sees 2025 recovery
Company also closes 10 sites in cost rationalisation exercise
Flat revenues in its main North American markets
Company says used equipment sales help to offset decline
H&E Equipment Services has accepted a $5.3 billion bid from Herc Rentals
Company records revenue decline in first half year
2025 market ‘lacks clarity’ says CEO Silber
OEM expects market moderation for first half of ‘25 followed by long-term growth