Arabtec Holding registers $119mn loss in Q3 2019

Arabtec Holding, Dubai’s largest listed construction firm, has registered a loss of $119.1 million in the third quarter of the year, it...

Construction

Haulotte reports 4% rise in global third quarter sales

Global powered access heavyweight Haulotte Group has seen a 4% year-on-year rise in sales in the third quarter of 2019, with consolidated...

Machinery

JCB announces record results for 2018

JCB has announced that its financial results for 2018 hit new records, with substantial increases in turnover, machine sales and earnings. The...

Construction

Infrastructure boost for Egypt’s Orascom Construction

Orascom Construction, the Egypt-based construction giant, has said that its consolidated EBITDA increased by 26.8% in the first six months (H1) of...

Arabtec Holding sees 48.8% decline in net profit in H1 2019

Arabtec Holding, the Dubai-listed contractor, has reported that in H1 2019, total revenue declined by 12.4% and net profit to parent declined...

Construction

Damac Properties reports H1 2019 revenues of $517.5mn

Damac Properties, the Dubai-based real estate developer, has reported a total revenue of $517.5 million for the first half of the year,...

Construction

JLG reports 13% rise in revenues

Powered access major JLG has reported a 13% rise in total revenues for the first nine months of its fiscal year 2019,...

Consultant

Genie net sales grow 2% in second quarter

Terex Corporation’s aerial work platform (AWP) business segment, Genie, reported net sales of $870m in the second quarter this year, a year-on-year...

Consultant

Komatsu reports 5.5% fall in global sales despite ME increase

A small rise in the Middle East could not offset slowing sales in the Chinese market affecting the financial prospects of Komatsu...

Consultant

Turner & Townsend reports ninth consecutive year of growth

Turner & Townsend, the global independent professional services firm, has reported its ninth consecutive year of growth, with turnover reaching $834 million...