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Equipment Market Outlook: Page 16
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.
Engines
Briggs & Stratton reports 1.5% sales decrease for third quarter fiscal 2015
Briggs & Stratton Commercial Power
Briggs & Stratton reports a 1.5% decrease in sales for its third quarter fiscal year 2015, but anticipates higher earnings for the full year due to the strengthening U.S. dollar.
Market Analysis
Scania reports rise in sales for first quarter of 2015
Scania AB
Scania's first quarter 2015 sales rose by 6%, despite lower vehicle deliveries in markets such as Latin America and Eurasia.
Market Analysis
Caterpillar first quarter down 4% compared to 2014
Caterpillar Inc.
Caterpillar reports sales and revenue for the first quarter of 2015 decreased 4%, but anticipates a slightly improved profit per share for the year.
Market Analysis
Volvo Group releases first quarter 2015 results
Volvo Group Global
The Volvo Group's first quarter 2015 financial results show a decrease in sales of 1% due to mixed market conditions in various industries.
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