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This news article was originally written in Spanish. It has been automatically translated for your convenience. Reasonable efforts have been made to provide an accurate translation, however, no automated translation is perfect nor is it intended to replace a human translator. The original article in Spanish can be viewed at Wacker Neuson confía en mantener la senda del crecimiento durante 2014

Wacker Neuson Trusts to keep the senda of the growth during 2014

31/03/2014

31 March 2014

In spite of the difficulties of the market, Wacker Neuson, skilled manufacturer in light and compact machinery, closed the 2013 with an increase in his income and in his profitability, and looks forward to to keep in this 2014 his line of growth.

The Group centred during the past year in increasing his quota of market in the sector of the light and compact machinery, so much in Europe as in EE UU, as well as in developing more actively his presence in new specific markets. The income of the company grew 6% until reaching the 1.159,5 million euros, and the EBITDA lived an increase of 8,3%, until reaching the 153,4 million euros.

“Have been able to expand even more our position so much in the markets of German speech as in the rest, registering even growths in feeble markets. This confirms that our strategy is giving the results expected”, signals Cem Peksaglam, CEO of Wacker Neuson .

Central headquarters of Wacker Neuson
Central headquarters of Wacker Neuson.

Of face to this 2014, Wacker Neuson keeps his optimism. “If the positive tendencies registered in the first weeks and in the first months of this year keep , expect that our income move between the 1.250 and the 1.300 million euros, with a margin of EBITDA between the 13 and 14%”, adds Cem Peksaglam. For this year fiscal, Wacker Neuson has marked for investments a total of 85 million euros (87 millions in 2013).

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