Wise move: a great merger with the Kony crane

In recent years, Terex Corporation to the continuous development of evolution through the different way of purchase and sale, to strengthen the supply of products, expand the geographical coverage, to create value for customers, shareholders and team members teleikesi.

Such evaluation of Terex chairman and CEO Ronald Defoe was in the company's third quarter earnings, "the market is still full of challenges.". 2015, in the third quarter, the sales volume of the group was 1 billion 641 million 300 thousand yuan, a decrease of 9.3% compared with the same period last year, excluding the impact of exchange rate fluctuation. Its sales volume was basically flat with the same period last year, a slight decrease of 1%, and operating profit of 111 million 900 thousand US dollars, which is basically the same as that of the same period last year.

Terex said, in the third quarter of 2015, because customers are still cautious about the procurement of equipment, cranes and construction equipment sector is still in effect through the overall market demand downturn; and the port automation sales decline also led to a decline in material handling and port solutions Department performance.

Thankfully, Terex aerial work platform is not affected, the performance is still excellent, its profitability is also achieved further improve. In the third quarter of 2015, the sales volume of the aerial work platform department was 573 million 800 thousand yuan, down 4.2% compared with the same period last year, and the operating profit rate was 13.8%, a 2.4 percentage point increase over the same period last year. By September 30, 2015, the order of the high altitude operation platform increased by 39.3%, up to $298 million 400 thousand.

To promote and Konecranes merger, after the completion of the merger, in financial improvement, believe as Terex decisions, the new company will write a great story in the market downturn.