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November 10, 2020

Pandemic impact on Wacker Neuson results

The COVID-19 pandemic continues to have a significant impact on the financial results for Wacker Neuson in the third quarter of 2020. The firm says that revenue for the third quarter of 2020 is €390.8 million, 16.5% below that of the €468.2 million for 2019, while the EBIT margin has dropped by 3% to 5.8%. Revenue for the first nine months of the year amounted to €1.187.5 billion, a drop of 16.4% from the €1.4208 billion for the first nine months of 2019.

November 9, 2020

Liebherr retains positive business outlook

German construction machinery manufacturer Liebherr reports steady demand for equipment, despite the current pandemic. This comes against the backdrop of slightly weaker growth on global markets.

November 9, 2020

Loads of appeal to quarrying customers

Next-generation, quarrying-suited excavators and high-perfoming wheeled loaders are contributing to an eye-catching global loading machine market.

The new Hitachi ZX490CLH-7 crawler excavator is part of the quarrying-suited, next-generation Zaxis-7 range of large excavators
November 6, 2020

MPA calls for caution on Highway Code changes

The Mineral Products Association (MPA) has warned of the potential dangers to cyclists from overtaking heavy vehicles, including concrete mixers and HGVs, on the left, as proposed in the updated version of the Highway Code.

November 6, 2020

DEUTZ honours Wolfgang Reitzle with innovation award

Engine manufacturer DEUTZ has presented Professor Wolfgang Reitzle with the Nicolaus August Otto Award that recognises visionaries and innovators in the fields of alternative drives, transport, energy efficiency, cutting-edge technology and future-focused research.

Award winner Professor Wolfgang Reitzle says hydrogen drive systems are a realistic alternative to internal combustion engines and battery-powered motors
November 5, 2020

‘Grands projets’ to fuel French aggregates demand growth?

The French aggregates and construction materials markets are among the most heavily impacted in Europe from COVID-19, but ongoing major construction projects such as the “Grand Paris” redevelopment scheme and the 2024 Olympics can help maintain materials demand.

The ‘Le Grand Paris’ project has been a main source of recent demand for France’s aggregates and concrete producers. Image: Eurovia/Przemek Kulaga