Edition:
United Kingdom

Heavy Machinery & Vehicles

Page 1

China Fire Safety Enterprise says co to issue shares & convertible bonds for up to RMB2.09 bln

Monday, 4 Dec 2017

Dec 4 (Reuters) - China Fire Safety Enterprise Group Ltd <0445.HK>::TO ISSUE CONSIDERATION SHARES & CONVERTIBLE BONDS FOR UP TO RMB2.09 BILLION TO PTERIS VENDORS & LUCKY RICH ​.‍WANG SING AGREED TO ACQUIRE AND SHARP VISION AND FENGQIANG HAVE AGREED TO SELL 99.41 PERCENT STAKE IN PTERIS​.PURSUANT TO DEAL CO WILL ISSUE UP TO 7.47 BILLION CONSIDERATION SHARES AND CONVERTIBLE BONDS.

Wabco Acquires Remaining Interest In South African Partnership

Monday, 4 Dec 2017

Dec 4 (Reuters) - Wabco Holdings Inc ::WABCO ACQUIRES REMAINING INTEREST IN SOUTH AFRICAN PARTNERSHIP TO EXPAND IN GROWTH MARKETS ACROSS SUB-SAHARAN AFRICA.WABCO HOLDINGS INC - ‍FOLLOWING CLOSE OF TRANSACTION, ON DECEMBER 1, 2017, WABCO WILL CREATE A WHOLLY-OWNED WABCO BUSINESS - WABCO SOUTH AFRICA​.WABCO HOLDINGS INC- ACQUIRED REMAINING 51% INTEREST OF ITS SOUTH AFRICAN PARTNERSHIP WITH STURROCK AND ROBSON INDUSTRIES, PTY LTD.

Kamaz 10-month net result turns to profit exceeding RUB 3.5 bln

Thursday, 9 Nov 2017

Nov 9 (Reuters) - KAMAZ PAO ::SAYS SOLD 28,791 TRUCKS IN PERIOD JAN-OCT INCLUDING 25,332 TRUCKS SOLD IN RUSSIA, UP 22% PERCENT VERSUS YEAR AGO‍​.PLANS TO SELL OVER 38,000 TRUCKS BY END OF 2017, INCLUDING EXPORT.10-MONTH REVENUE UNDER IFRS RUB 117.9 BILLION, UP 26 PERCENT VERSUS YEAR AGO‍​.10-MONTH NET PROFIT UNDER IFRS OVER RUB 3.5 BILLION, VERSUS LOSS RUB 860 MILLION YEAR AGO‍​.

AGCO Q3 earnings per share $0.76

Tuesday, 31 Oct 2017

Oct 31 (Reuters) - AGCO Corp :AGCO reports third quarter results.Q3 sales $2.0 billion versus I/B/E/S view $1.92 billion.Sees FY 2017 earnings per share about $2.86.Sees FY 2017 sales $8.2 billion.Q3 earnings per share $0.76.Q3 earnings per share view $0.73 -- Thomson Reuters I/B/E/S.AGCO Corp - ‍ Q3 of 2017 adjusted net income, excluding restructuring expenses, was $0.79 per share​.AGCO Corp - ‍maintaining full-year outlook for net income per share​.AGCO Corp - ‍AGCO's net sales for 2017 are expected to reach $8.2 billion.AGCO Corp - ‍gross and operating margins for 2017 are expected to improve from 2016 levels​.Sees FY 2017 adjusted earnings per share about $3.00.FY2017 earnings per share view $3.05, revenue view $7.98 billion -- Thomson Reuters I/B/E/S.

Bucher Industries reports 9 month net sales of CHF 1939 mln

Thursday, 26 Oct 2017

Oct 26 (Reuters) - Bucher Industries Ag :Order intake in first nine months CHF 2 040 million versus CHF 1 693 million.‍For current year, group anticipates an improvement in business performance compared with 2016​.Net sales CHF 1939 million for 9 months 2017 versus CHF 1800 million year ago‍​.Order book in first nine months CHF 831 million versus CHF 616 million.‍Kuhn Group expects continued recovery in market for agricultural equipment​.For 2017 business year as a whole, Bucher Emhart Glass anticipates sales growth​.Kuhn Group is expecting stable milk prices until end of 2017​.‍Bucher Specials for 2017 is forecasting slight rise in sales and somewhat lower operating profit margin​.

Caterpillar reports Q3 EPS $1.77

Tuesday, 24 Oct 2017

Oct 24 (Reuters) - Caterpillar Inc :Caterpillar reports third-quarter 2017 results.Q3 earnings per share $1.77.Q3 sales $11.41 billion versus I/B/E/S view $10.65 billion.Q3 earnings per share view $1.27 -- Thomson Reuters I/B/E/S.Sees FY 2017 adjusted earnings per share about $6.25.Sees FY 2017 earnings per share about $4.60.Q3 adjusted earnings per share $1.95 excluding items.FY2017 earnings per share view $5.29 -- Thomson Reuters I/B/E/S.‍Company now expects full-year 2017 sales and revenues of about $44 billion​.‍Worldwide, full-time employment was about 96,700 at end of Q3 of 2017, about flat with end of Q3 of 2016​.FY2017 revenue view $42.94 billion -- Thomson Reuters I/B/E/S.Restructuring costs of $90 million in Q3 were primarily related to programs in resource industries and energy & transportation‍​.‍At end of Q3 of 2017, past dues at cat financial were 2.73 percent, compared with 2.77 percent at end of Q3 of 2016​.Now expects to incur about $1.3 billion of restructuring costs in 2017, a slight increase from previous outlook of about $1.2 billion​.Dealer machine and engine inventories increased about $200 million in Q3 versus decrease of about $700 million in the third quarter of 2016.‍"We are raising our 2017 profit outlook"​.‍As of September 30, CAT financial's allowance for credit losses $343 million, compared with $346 million as of September 30, 2016​.

State Bank Of India & Escorts sign MoU for financing tractors​

Monday, 23 Oct 2017

Oct 23 (Reuters) - State Bank of India::‍State Bank Of India and Escorts Limited sign MoU for financing tractors​.

Global Top E-Commerce sees FY 2017 net profit up 80 pct to 110 pct

Monday, 23 Oct 2017

Oct 23(Reuters) - Global Top E-Commerce Co Ltd <002640.SZ> ::Sees FY 2017 net profit to increase by 80 percent to 110 percent, or to be 708.8 million yuan to 826.9 million yuan.Says FY 2016 net profit was 393.8 million yuan.The reason for the forecast is sustained and rapid growth of cross border e-commerce business.

Markets

  • Sectors
  • Europe
  • U.S.
  • Asia

Sector Summary