JCB Reaches in 2013 the third better profit of his history
23 May 2014
The president of JCB Lord Bamford commented: “The global market for equipment of construction was more demanding during 2013, but am delighted, because in spite of the difficult conditions, JCB obtained a high performance that finished in the third better year of his history. The turnover has kept equalised in both exercises, but the volume and the profits saw affected by a descent in the emergent markets, especially in the Indian, where JCB has a strong presence. This descent saw aggravated by adverse effects in the change of currencies in several economies. In the positive side, the increase of turnover in the United Kingdom, Middle East and Africa during 2013 have collaborated to balance the descents of India, Europe and the far Orient”.
“2014 has had an uncertain start –continued-. Some markets show improvements, with elder sues in countries like United Kingdom and United States, that compensate the lower demand in the most fragile markets of Asia, Latin America and Russia. The political uncertainty created by the elections in Indian and Brazil also have his impact in the markets”.
JCB Continues forward with his plans on a long-term basis to increase his global capacity, with the start of his factory of the Indian in Jaipur this month of May. In the United Kingdom, JCB continues with an investment of £150 millions in the enlargement of the plant of Staffordshire, with the forecast to create 2.500 new places of work for 2018, and whose works will begin this same year, in some terrains of more than 32.500 square metres destined to the setting of cabins JCB. Also it will build a new factory in Cheadle, Staffordshire.
