Terex Corporation announced fourth quarter 2019 net sales of $885.0 million, down 15.6 percent versus the fourth quarter of 2018.
Terex MP reported sales of $321.4 million, down 10.2 percent versus Q4 2018 driven by cautious customer sentiment. However, MP closed out the year, with another solid quarter, achieving 12 percent operating margins, despite challenging markets.
Terex Corporation announced third quarter 2019 net sales of $1.0 billion, down 6.8 per versus the third quarter of 2018. On an FX-neutral basis, global sales declined 4.7 percent compared to the third quarter of 2018.
Terex MP had another excellent quarter with sales of $339 million, an increase of 8 percent, or 12 percent excluding the impact of foreign exchange rates, versus Q3 2018, driven by global demand for its broad range of products and services including crushing and screening products, material handlers, cement mixer trucks, and pick and carry equipment.
Following Terex Corporation's release of its second quarter 2019 results, Terex Materials Processing (MP) is pleased to share these, along with its segment-specific, results.
Terex Corporation announced second quarter 2019 net sales of $1.3 billion, up 4 percent versus the second quarter of 2018.
Terex Corporation reported third quarter 2018sales of $1.2 billion, up 11 percent versus Q3 of 2017, with increased sales and backlog in its AWP and MP business segments. The results were driven by continued implementation of the company's Execute to Win business strategy and its focus on meeting the growing needs of customers during a period of broad-based growth.
Terex Corporation reported strong second quarter 2018 sales of $1.4 billion, up 19 percent versus Q2 of 2017, with increased sales and backlog in all three business segments. The results were driven by continued implementation of the company's Execute to Win business strategy and its focus on meeting the growing needs of customers during a period of broad-based growth.
Now part of Terex Materials Processing Systems (Terex MPS), Terex Bid-Well announces a strategic alliance with Terex MPS sales and support to grow its equipment sales and service beyond the U.S. market. The concrete paving equipment manufacturer will leverage synergies with the Terex MPS sales and certain distributor locations to significantly expand Terex Bid-Well's global customer sales and support capabilities.