Hottest in 2006, Terex made progress towards the g

2022-08-09
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In 2006, Terex strove towards the goal of 6billion

Introduction: under the change of exchange rate and the strong market demand for tower cranes, the sales volume of Terex crane in 2004 increased by 7% compared with 2003. In addition to the impact of foreign exchange, the development trend seems to be flat, but there are still signs that the situation in the fourth quarter of 2004 was very good. Year on year 20

due to the change of exchange rate and the strong market demand for tower cranes, the sales volume of Terex crane in 2004 increased by 7% compared with 2003 due to such high-tech Terex crane. In addition to the impact of foreign exchange, the development trend seems to be flat, but there are still signs that the situation in the fourth quarter of 2004 was very good. Compared with the same period in 2003, the sales revenue of cranes in this quarter increased by 23% to 100000 jobs. By the end of 2004, the order reserve had reached 249million US dollars. Terex Co., Ltd., the parent company of Terex crane company, had a total revenue of US $5billion in 2004. Compared with the sales revenue of US $3.9 billion in 2003, the increased sales revenue will be about US $5.5 billion, and strive to reach US $6billion in 2006

"in general, 2004 was a very good year for Terex. Although part of the company's business is still recovering, the company's overall position in the market has been consolidated," said Mr. Ron Defeo, chairman and CEO of the company, "This is the first time in Terex's history that its turnover is good, and its sales revenue has reached a record of about US $5billion. At the same time, we also see that we have a stable business environment to achieve the next effect, that is, to mobilize the query effect on the screen and show the significant growth of the year in a list way. By the end of 2004, our total order volume has reached about US $989million. The company will continue to pay attention to the asset liability ratio from 2003 to 2003 Since the end of the year, we have reduced our net debt by $122million (to $772million). "

"we believe that the company needs to take appropriate measures to improve financial control procedures and practical operations to ensure the integrity of our financial evaluation." Defeo said

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