Equipment Market Outlook: Page 28

Market Analysis
JCB Saw Record Profits in 2012
JCB
JCB reports 2012 was the most profitable year in the company's history with sales rising to 365 million euros.
Engines
Donaldson Announces Third Quarter 2013 Financial Results
Donaldson Company Inc.
Donaldson Company's 2013 third quarter financial results show a decline in sales, but a record operating margin of 15.9%.
Engines
Deutz Sees Rebound in New Orders for First Quarter of 2013
DEUTZ Corporation
For the first quarter of 2013 Deutz has seen an increase in new orders, indicating a positive trend in the marketplace which began in the previous quarter.
Drivetrains
Yokohama Executive VP and CFO Gives 2013 Industry Outlook
Yokohama Tire Corp.
Takayuki Hamay, Executive Vice President and Chief Operating Officer is now also the company's Chief Operating Officer, and provides predictions for the 2013 financial year.
Yokohama V Pand Cfo Takayuki Hamaya
Market Analysis
Volvo CE's 2012 Financial Report Indicates Sales Stayed the Same as 2011
Volvo Construction Equipment
Though global demand dropped in the second half of 2012, Volvo CE's end-of-year financial report indicates 2012 net sales were the same as 2011.
Brake System
Meritor Reports First Quarter 2013 Results
Meritor, Inc.
Meritor reports its first fiscal quarter, which ended December 31, 2012, with results indicating sales were down 23% from the same period last year.
Engines
Scania Releases its Year-End Financial Report for 2012
Scania AB
Scania's year-end financial report for 2012 shows a 9% decrease in net sales, though order bookings for trucks increased in the fourth quarter.
Market Analysis
Manitou Announces Fourth Quarter 2012 Financial Results
Manitou Group
Mantiou's fourth quarter 2012 financial results show a 7% increase from the third quarter, and a 12% annual growth rate over 2011.
Market Analysis
Caterpillar Reports Record Sales, Revenues and Profits for 2012
Caterpillar Inc.
Caterpillar's financial report for the 2012 fiscal year indicate record sales and revenues, up 10% from 2011, as well as record profits which increased 15% over 2011.
Market Analysis
Joy Global Reports Fourth Quarter and Full Year 2012 Fiscal Results
Komatsu Mining Corp. (formerly Joy Global Inc.)
Joy Global has released its fourth quarter and full year fiscal results for 2012, which show a 19% increase in sales in the fourth quarter.
Drivetrains
TrelleborgVibracoustic Continues to See Growing Sales in Global Marketplace
Trelleborg Wheel Systems S.p.A
Trelleborg's joint venture TrelleborgVibracoustic has had a 42% increase in sales since 2008, and the company anticipates sales will continue to grow.
Market Analysis
Volvo CE Continuing to Build on Market-Leading Position in China
Volvo Construction Equipment
During his bauma China opening remarks, Volvo CE President Pat Olney emphasized the company's continued investment in China, where Volvo is one of the leading equipment producers.
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