Terex: Still Expecting The Margin Improvements
A year after originally writing about the key margin improvements expected at Terex Corporation (TEX), the amounts are still a future expectation. In fact, back in 2009 the company originally presented the expectations that operating margins would increase to 12% by 2013. The number though still languishes around 6% on a yearly basis.
The company remains a leader in the manufacturer of machinery and industrial equipment focused on aerial work platforms (AWP), construction, cranes, material handling and port solutions (MHPS), and materials processing segments.
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