The german group posts revenue for this Q1 2017, a record rise of +7% (€ 338.5 million) than previous year. This strong growth was mainly driven by the Europe region which accounts for the largest share of Group revenue at 73%, reported +9% particularly in Germany and France.
PUBLICITÉ
On the contrary, the Group has announced a drop revenue in Asia-Pacific, which accounts for 3% of total revenue. The revenue in this region felt by -45%, due to a one-off effect in Q1 2016 related to Chinese dealers stocking up on compact equipment. Business development was positive for Australia and New Zealand, the two countries posting high double-digit revenue growth in the same period.
As for the business segments, the light equipment segment rose by +7%, and the revenue in the compact equipment segment increased by almost +7% too. Services segment including repairs and spare parts business, revenue was up by 8% over the prior-year quarter.
Wacker Neuson expects a positive trend to continue throughout 2017, thanks to its important order intake for compact equipment and an impressive order backlog.
