Terex 2016 second quarter financial results
In the second quarter a year ago, the reported income from continuing operations was $75.9 million, or $0.70 per share, on net sales of $1.4 billion.
“Our second quarter results reflect a company in transition” said John L. Garrison, Terex President and CEO. “With the pending sale of our Material Handling & Port Solutions (MHPS) business and parts of our Construction portfolio, we made several structural changes in the quarter. MHPS is now accounted for as a discontinued operation. Going forward, we will be a more focused company, centered around three segments: Aerial Work Platforms (AWP), Cranes, and Materials Processing (MP).”
PRO CONTRACTOR RENTALS MAGAZINE
Pro Contractor Rentals provides information of value to rental centers who focus time, resources and attention on meeting the demands of construction contractors and other equipment rental customers.
