Terex AWP sales down 17.5percent
Terex Corp?s aerial work platform division recorded 17.5 per cent fall in sales at $379 million in the final quarter of the year to 31 December with operating profit down more than half to $18.2 million. The fall was the result of lower sales to rental companies in North America, while sales to Western Europe were stable. Terex expects the AWP division to see a further 12 per cent drop in revenues in 2017.