Equipment Market Outlook: Page 10

Bossard Group Reports Continued Growth in 2015

Bossard North America Inc.

Despite continued challenges in the global markets it serves, Bossard Group reports a new sales record for 2015 with a 6% increase.

Titan Reports Full-Year 2015 Sales Down 26.4%

Titan Tire Corp., a subsidiary of Titan Intl.

Titan's fourth quarter and end of year 2015 results showed a decline in sales due to continued downturns in the agriculture, construction and mining markets.

Market Analysis

Deere Announces First-Quarter Results Decreased 13%

John Deere Worldwide Construction & Forestry Div.

Deere & Co. reports its first-quarter results decreased 13% due to weakness in global markets, and forecasts a 10% decline in sales for full-year 2016.

Comer Industries Revenue Decreases 5% in 2015

Comer Industries S.p.A.

Comer Industries reports a 5% decrease in revenue in 2015 due in part to the down agricultural market, but continues to gain market share and improve its financial standing.

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Market Analysis

Terex Reports Lower Fourth Quarter 2015 Results due to Continuing Market Challenges

Terex Corporation

Terex reports fourth quarter activity was below expectations due to the continued challenges in the markets it serves, and anticipates net sales in 2016 to be 10% lower than 2015.

Maxwell Technologies Reports Increase in Ultracapacitor Sales for Fourth Quarter 2015

Maxwell Technologies

Maxwell Technologies reports fourth quarter 2015 revenue for ultracapacitors increased 17% from the third quarter, but were 9% lower compared to the same period a year ago.

Hexagon Composites Reports Improved Fourth Quarter Results

Hexagon Composites ASA

Hexagon Composites' financial performance improved in the fourth quarter 2015 from the previous quarter, but was lower than the same time period the year before.

Market Analysis

Hyundai Reports 2015 Most Successful in Company History

Hyundai Heavy Industries Europe reached 5,000 units sold in 2015, an all-time high, and anticipates 2016 to be just as promising for sales and turnover.

Allison Reports 12% Sales Decrease for Fourth Quarter 2015

Allison Transmission

Allison's fourth quarter 2015 results show a 12% sales decrease due to lower demand in the off-highway and defense markets, and anticipates 2016 sales to be down 6.5-9.5%.

Market Analysis

Volvo Group Fourth Quarter and Full Year 2015 Sales Increased

Volvo Group Global

Volvo Group reports volumes remained relatively unchanged in 2015, and sales for the fourth quarter increased 3% while full year sales increased 10%.

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UQM Technologies Reports Third Quarter Fiscal Year 2016 Revenues up 59%

UQM Technologies Inc.

UQM's third quarter fiscal year 2016 revenue increased 59% compared to the prior year.

Meritor Reports Sales Decrease for First Fiscal Quarter 2016

Meritor's sales decreased 8% in the first quarter compared to the same period last year, and anticipates revenue for the year to be approximately $3.4 billion.

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