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Equipment Market Outlook: Page 16
Engines
Donaldson reports third quarter 2015 earnings
Donaldson Company Inc.
Donaldson reports a decline in sales for third quarter 2015, due in part to a slowdown in aftermarket business, off-road end markets and a strong U.S. dollar.
Electronics
ORBCOMM reports higher sales and total revenue for first quarter 2015
ORBCOMM
For the first quarter of 2015, ORBCOMM saw a total revenue increase of 119%, with product sales up 277% compared to the prior year.
Engines
Westport reports 2% revenue increase for first quarter 2015
Westport Fuel Systems Inc.
Westport's first quarter 2015 financial results were in line with the company's expectations and show a 2% revenue increase from Q4.
Engines
Donaldson updates fiscal 2015 guidance, expects 1 to 2% sales increase
Donaldson Company Inc.
Donaldson's updated fiscal 2015 guidance expects full-year sales to increase 1 to 2% in constant currencies.
Brake System
Meritor announces second quarter 2015 financial results
Meritor, Inc.
For the second quarter 2015, Meritor reports sales decreased 9.4% and expects revenue for the year to be in the range of $3.5 billion.
Hardware
Timken reports 2% sales decrease for first quarter 2015
The Timken Company
Timken's first quarter results show a 2% sales decrease for the quarter, and expects the full year to be down 4% compared to 2014.
Market Analysis
Deere announces second-quarter earnings of $690 million
John Deere Ag and Turf Division
Deere & Co. reports worldwide net sales and revenues decreased 18% for the second quarter of 2015 and 17% for the first six months of the year.
Operator Cab
Commercial Vehicle Group reports revenue increase of 11.2% for first quarter 2015
Commercial Vehicle Group Inc. (CVG)
Commercial Vehicle Group says its increased revenues for the first quarter of 2015 were due in part to strong medium- and heavy-duty truck production in the U.S.
Electronics
Remy International announces first quarter 2015 results, dividend increased by 10%
Remy International Inc.
Remy Intl. reports a 1% net sales increase for the first quarter 2015 and a 10% increase in quarterly dividend.
Engines
Cummins announces first quarter 2015 results
Cummins Inc.
For the first quarter 2015, Cummins reports revenue increased 7% due in part to stronger on-highway market demand and expects full year revenue to grow 2 to 4%.
Market Analysis
Deliveries of Volvo Group trucks increased 8% in April
Volvo Group Global
Deliveries of trucks from the Volvo Group increased 8% in April, with Europe and North America seeing the largest increases.
Drivetrains
Comer Industries reports 6% turnover improvement for 2014 financial year
Comer Industries S.p.A.
Comer Industries has released its 2014 financial statements which show a 6% increase in consolidated turnover compared to the previous year.
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