Friday, October 25, 2013
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.
Read the full article at Seeking Alpha.
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