Wacker Neuson?s revenue up in Q2
Wacker Neuson Group?s revenue for the second quarter of 2016 (Q2 2016) stood at EUR 381.4 million, almost equal to the record figure reported the previous year (EUR 382.1 million). Adjusted to discount currency effects, this corresponds to an increase of 2 per cent. Second quarter revenue grew 21 per cent compared to the first quarter of the year (Q1 2016: EUR 316.4 million).

?We have every reason to be satisfied with our performance in the second quarter of 2016 in light of the ongoing crises in the agricultural and energy sectors in our home markets of North America and Europe, as well as increasing uncertainty in the UK, South Africa, Poland, Russia and Turkey, coupled with the difficult situation in South America and Australia,? explains Cem Peksaglam, CEO, Wacker Neuson SE.? The Group generates a large share of its revenue in Europe. Here, revenue for the second quarter rose 6 per cent compared with the previous year. Revenue in the Americas and Asia-Pacific regions fell by 14 and 31 per cent respectively compared with the previous year.