Terex forecasts 12% bounce-back in 2021

Murray Pollok Managing Editor, IRN & Director of Content, KHL

12 February 2021

Terex Corp has reported a 29.3% reduction in revenues for 2020 to US$3.07 billion, with aerial platform sales down 34.6% for the year at $1.77 billion.

The final quarter showed that the impact of the economic downturn was lessening, with year-on-year reductions of 11.1% for the whole business and a 17.5% reduction for the access segment. Terex said there was “modestly improving customer sentiment” in the North America and European access markets.

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