Equipment Market Outlook: Page 19

Market Analysis
Volvo Group reports 4% sales growth for second quarter 2015
Volvo Group Global
Volvo Group reports continued market acceptance of its products and efficiency efforts, demonstrated by its 4% sales increase in the second quarter.
Hardware
Bossard Group reports further growth during first half of 2015
Bossard North America Inc.
Bossard Group had a 5.4% sales increase in the first half of 2015, largely due to acquisitions in the U.S., Italy, France and Norway.
Market Analysis
Scania reports record high market share in Europe
Scania AB
Scania's market share reached a record high 17.2% during the first half of 2015 due in part to its early introduction of Euro 6 engines.
Market Analysis
Volvo Group truck deliveries in May rose 22% in North America
Volvo Group Global
In May, Volvo Group delivered a total of 17,475 vehicles and had a 22% increase in vehicle deliveries in North America.
Market Analysis
Navistar releases second quarter 2015 results
Navistar International Corp.
Navistar's second quarter results showed a net loss of $64 million and a 10% year-over-year increase in chargeouts in its core markets.
Engines
Modine fourth quarter 2015 results show 7% sales decrease
Modine Manufacturing Company
Modine's fourth quarter 2015 financial results show a 7% sales decrease; the company anticipates the 2016 fiscal year to be flat to down 5%.
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.
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