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Equipment Market Outlook: Page 27
Design Firms
Omnitek Engineering reports third quarter financial results
Omnitek Engineering Corp.
Omnitek Engineering reports its third quarter financial results were lower than last year due in part to a decrease in foreign sales.
Market Analysis
Volvo CE's third quarter sales declined 7%
Volvo Construction Equipment
Matching the downward trend in the marketplace, Volvo CE saw a 7% decline in sales during the third quarter but recorded a positive operating margin of 4% due to cost control and inventory management.
Market Analysis
Fendt anticipates record year for 2013
Fendt
Survey results indicate Fendt will have a record year in 2013, and continued growth in the coming years.
Hardware
Bossard reports higher sales for third quarter
Bossard North America Inc.
Bossard saw an increase in sales for the third quarter of 2013, for a year-over-year increase in sales of 28.4%.
Market Analysis
Caterpillar announces third quarter sales and revenue results
Caterpillar Inc.
Caterpillar has announced the results for its third quarter sales and revenues, which were down from the third quarter of 2012.
Market Analysis
Navistar reports September truck orders highest since December 2011
Navistar International Corp.
Navistar had its highest number of orders for Class 6 to 8 trucks in September since December 2011.
Engines
Donaldson reports record fourth quarter earnings
Donaldson Company Inc.
Donaldson reports record net income and earnings per share in the fourth quarter of 2013 despite overall sales being down compared to last year's fourth quarter sales.
Market Analysis
Volvo CE Second Quarter 2013 Sales Down, While Operating Doubled
Volvo Construction Equipment
During the second quarter of 2013, Volvo CE saw a 19% decrease in sales while its operating margin more than doubled due to cost and inventory control measures.
Market Analysis
TMAT Six-Month Report Indicates 6% Increase in Sales
TMAT
Despite the slower European economy, TMAT's six-month report shows a 6% increase in sales in comparison to last year at the same time.
Hardware
Bossard Acheives Increase in Turnover and Profit in First Half of 2013
Bossard North America Inc.
During the first six months of 2013, Bossard Group saw a growth in turnover in each of the markets it serves around the globe, as well as a growth in profit.
Electronics
HELLA's International Business Grows, with 20% Increase in Asia and North America
Hella Inc.
HELLA announces growth in its international markets, with both Asia and North America increasing by 20%.
Engines
Donaldson Increases Dividend 30%
Donaldson Company Inc.
Donaldson announces it will be able to pay its shareholders a 30% higher cash dividend.
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