Equipment Market Outlook: Page 9

Engines
Briggs & Stratton Reports Third Fiscal Quarter Results
Briggs & Stratton Commercial Power
For its third fiscal quarter, Briggs & Stratton had a 2.5% decrease in sales due to downturns in some markets, such as Oil & Gas, and a strong U.S. dollar impacting foreign exchange rates.
Market Analysis
PACCAR Achieves Good First Quarter Results
PACCAR Inc.
Strong European truck market demand, as well as strong demand in North America, helped PACCAR achieve good revenues and operating income for first quarter 2016.
Market Analysis
Terex Reports First Quarter Loss
Terex Corporation
Terex's lower first quarter results were due to challenging market conditions; the company anticipates net sales in 2016 to be 10% lower than last year.
Hardware
Timken Reports 5% Lower Sales for First Quarter 2016
The Timken Company
Timkens' first quarter sales were 5% lower due to weakness across most market sectors, and anticipates 2016 as a whole will be down 5% from 2015.
bauma
Hyundai Reports Strong 2015, Positive Outlook for 2016
HD Hyundai
Hyundai had its best year yet in 2015 with an 8% growth in turnover, and anticipates a good 2016 as well with sales already up 50% compared to the same period last year.
Market Analysis
Scania Order Bookings Reach Highest First Quarter Level in 10 Years
Scania AB
Continued strong demand from the European market, particularly in the eastern and southern portions of the continent, helped Scania achieve its highest level of first quarter order bookings since 2007.
Market Analysis
Volvo Group First Quarter Sales Decrease 4%
Volvo Group Global
Volvo Group's net sales in the first quarter decreased 4% which was partially due to currency effects.
Market Analysis
New Flyer Announces First Quarter 2016 Orders and Backlog
NFI Group Inc., formerly New Flyer Industries Inc.
New Flyer reports vehicle deliveries increased by 257 units in the first quarter compared to the same period in 2015.
Hardware
Bossard Report Slight Growth for First Quarter 2016
Bossard North America Inc.
Despite continued challenging market conditions, Bossard's first quarter sales increased 0.9%.
Engines
Omnitek Revenue up 20.7% in 2015
Omnitek Engineering Corp.
Omnitek's fourth quarter and final year 2015 financial results show a full-year revenue increase of 20.7%; foreign sales are expected to further increase sales in 2016.
GPS
AgJunction Reports Q4 2015 Results and Provides Post-Merger Update
AgJunction Inc.
AgJunction reports a 17% revenue increase for the fourth quarter 2015, aided in part by the acquisition of Novariant; the two companies have completed their merger and will continue to focus on growing its OEM and other business markets in 2016.
Market Analysis
Daimler Buses Reports 9% Earnings Increase and Continued Growth Strategy
Daimler AG
Daimler Buses had a 9% earnings increase in 2015 and has laid out plans for further growth including expansion into new regions and the development of new technologies and systems.
Previous Page
Page 9 of 37
Next Page