Equipment Market Outlook: Page 14

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.
Drivetrains
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.
COMER AR15 chart fatturato EN 56c75cad26779
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.
Electronics
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.
Engines
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
HD Hyundai
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.
Drivetrains
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%.
VolvoGroup 56b4a9e5f122b
Electronics
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.
Brake System
Meritor Reports Sales Decrease for First Fiscal Quarter 2016
Meritor, Inc.
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.
Engines
Cummins Announces Financial Results for the Fourth Quarter and Full Year 2015
Cummins Inc.
Cummins reports revenue in the fourth quarter decreased 6% and for the full year decreased 1%; the company anticipates 2016 to be down 5-9%.
Engines
Modine Net Sales Decreased 2.5% for Third Quarter Fiscal Year 2016
Modine Manufacturing Company
Modine reports its net sales declined 2.5% during the third quarter of fiscal year 2016 due in part to lower demand from certain market segments, and expects full year 2016 results to be flat to down 2%.
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