Equipment Market Outlook: Page 14

Briggs & Stratton reports 8.5% sales increase for fiscal fourth quarter

Briggs & Stratton Commercial Power

Briggs & Stratton's consolidated net sales for the fourth fiscal quarter increased 8.5% compared to 2014, with engine sales increasing due to increased shipments to OEM customers in its key market segments.

Omnitek Engineering reports revenue gains for second quarter

Omnitek Engineering Corp.

Omnitek Engineering reports a 95.5% revenue increase for the second quarter due to higher filter sales and diesel-to-natural gas engine conversion kit shipments.

Market Analysis

New Flyer reports revenue increase for second quarter

NFI Group Inc., formerly New Flyer Industries Inc.

Growth in manufacturing and aftermarket revenue helped New Flyer increase consolidated revenue 8.2% in the second quarter.

ORBCOMM reports second quarter revenue up 85% year-over-year

ORBCOMM's second quarter 2015 revenues increased 85% year-over-year with Product Sales increasing 122%, aided in part by recent acquisitions.

Market Analysis

Commercial Vehicle Group announces sales increase for second quarter 2015

Commercial Vehicle Group Inc. (CVG)

Commercial Vehicle Group reports a 1% revenue increase for the second quarter 2015, with favorable medium- and heavy-duty truck sales expected to progress through the year.

Westport reports second quarter financial results

Westport Fuel Systems Inc.

For the second quarter 2015, Westport improved consolidated adjusted EBITDA 54% and anticipates consolidated revenue to be between $110 and $125 million for the year.

Modine announces first quarter fiscal 2016 results

Modine Manufacturing Company

Modine reports sales in the first quarter of fiscal 2016 were down 12% due to currency impacts, but expects the full fiscal year to be up 1 to 6% on a constant currency basis.

Timken reports 8% sales decrease for second quarter 2015

The Timken Company

Timken second quarter financial results show an 8% decrease in sales; the company anticipates year-over-year revenue to be down 7 to 8% in 2015.

Titan reports second quarter 2015 financial results

Titan Tire Corp., a subsidiary of Titan Intl.

For the second quarter of 2015, Titan Intl. reports a 28.2% decrease in sales compared to the same quarter in 2014.

Meritor reports third fiscal quarter results

Meritor's third fiscal quarter results show a 7% decrease in sales from the same period last year due to currency exchange rate declines in Europe and Brazil against the U.S. dollar.

CNH reports 10% decrease in revenues for second quarter 2015

CNH Industrial reports consolidated revenues for the second quarter decreased 10%; full year guidance has been updated with net sales of industrial activities anticipated to be in the range of $26 and $27 billion.

Cummins reports 4% revenue increase for second quarter 2015

Cummins had a 4% revenue increase for the second quarter, with revenues in North America up 12%; full year revenue is expected to increase 2 to 4%.

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