Sweden-based special steel producer Ovako has announced that in 2013 it registered a net loss of €21 million, widening from a net loss of €4 million in 2012, while the company's sales revenues amounted to €850 million, ...
Tags: Metallurgy, Mineral, Steel
For full-year 2013, deposition equipment maker Aixtron SE of Aachen, Germany has reported a 20% drop in revenue from 2012’s €227.8m to €182.9m. However, although down 34% on €77.5m a year ago, fourth-quarter revenue was ...
Finnish mining and metal manufacturing equipment provider Outotec has issued its financial results for the fourth quarter and the full year 2013. Accordingly, in the fourth quarter the operating profit of Outotec decreased to €25.4 ...
Tags: Finnish mining, Mineral
Finland-based steelmaker Ruukki has issued its financial results for the fourth quarter and the full year of 2013, reporting an operating profit of €8 million in the fourth quarter, compared to an operating loss of €34 million in ...
Tags: steelmaker, Ruukki
Zurich, Switzerland, Jan. 22, 2014 – ABB said its fourth-quarter 2013 results were adversely impacted mainly by charges for storm-related project delays and some operational issues in the Power Systems (PS) division. Additional ...
Deliveries from the Volvo Group’s truck operations in November 2013 amounted to 20,356 vehicles, an increase of 16% compared with the year-earlier month. Productivity in the European industrial system is currently hampered by ...
Tags: Volvo Group, Truck
Germany-based SMS Group has announced that in 2013 its order intake will be lower than in 2012, adding that it expects its net result to decrease compared to the previous year. SMS Group stated that low capacity utilization and high raw ...
Tags: manufacturing, material, price
Germany-based steelmaker ThyssenKrupp has announced its financial results for the financial year 2012-13, stating that it is planning a capital increase of up to 10 percent, raising €1 billion, as the sale of its US steel mill has now ...
Tags: steel, financial results
Homag Group has reported a 4.4 % reduction in order intake to €142.1m in the third quarter of 2013 from €148.6m in the previous quarter. However, new orders were 13.8 % higher than the same stretch last year. CEO Dr. Markus Flik ...
Tags: Homag Group, Order Intake, Year-on-Year Rise
Utility Trailer bills itself as the longest running, privately owned trailer manufacturing company in the US, and next year will celebrate its 100th anniversary. The company claims to be the largest producer of refrigerated van trailers, ...
Tags: Craig Bennett, sales, marketing, utility, trailer
For its fiscal first-quarter 2014 (ended 28 September 2013), JDSU of Milpitas, CA, USA has reported revenue of $429m, up 1.8% on $421.3m last quarter and 1.9% on $420.9m a year ago (and at the high end of the guidance range of $410-430m). ...
The Finnish machinery and plant manufacturer Raute posted very low order intake of just €7m in the third quarter after a very weak first quarter and a minor recovery between April and June. The Technology Services division again ...
Tags: Construction, Decoration
Oerlikon reported strong order intake and sequential margin improvement in Q3; guidance confirmed With a Q3 EBIT margin of 12.6 %, Oerlikon sequentially improved its profitability in the first nine months of 2013 and continued to deliver ...
Tags: Oerlikon, Fibers Segment
For third-quarter 2013, deposition equipment maker Aixtron SE of Aachen, Germany has reported revenue of €46.2m, down 26% on €62.2m a year ago but up slightly on €45.3m last quarter. In spite of the lower percentage of ...
Tags: Aixtron MOCVD, Electrical, Electronics
Swedish high-technology engineering and steelmaking group Sandvik has issued its financial results for the third quarter and the first nine months of the current year. According to the financial results, Sandvik's net profit for the third ...