Terex Corporation (NYSE: TEX) reported strong Q1 2024 earnings, achieving sales growth and margin expansion versus the prior year. Year over year, sales of $1.3 billion increased 5%, income from operations of $158 million were up 7%, and operating profit margin of 12.2% improved 20 bps. Reflecting the Q1 performance, CEO Simon Meester said Terex is raising its full-year EPS outlook to a range of $6.95 to $7.35, and full-year sales outlook to a range of $5.2 to $5.4 billion. “The Terex team continues to perform at a high level and demonstrate the power of its focused strategy and its proven ability to create value,” Meester said. See Terex.com / Investors for the details.
Terex Corporation
Machinery Manufacturing
Norwalk, CT 158,332 followers
--- Integrity • Respect • Improvement • Servant Leadership • Courage • Citizenship ---- Our Terex Way Values
About us
Terex Corporation is a global manufacturer of materials processing machinery and aerial work platforms. We have strong values, a passionate commitment to safety, and a dedication to fostering an inclusive workplace. We design, build and support products used in maintenance, manufacturing, energy, recycling, minerals and materials management, and construction applications. Certain Terex products and solutions enable customers to reduce their impact on the environment including electric and hybrid offerings that deliver quiet and emission-free performance, products that support renewable energy, and products that aid in the recovery of useful materials from various types of waste. Our products are manufactured in North America, Europe, Australia and Asia and sold worldwide. We engage with customers through all stages of the product life cycle, from initial specification to parts and service support. We report our business in the following segments: (i) MP and (ii) AWP.
- Website
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https://www.terex.com/en/careers
External link for Terex Corporation
- Industry
- Machinery Manufacturing
- Company size
- 5,001-10,000 employees
- Headquarters
- Norwalk, CT
- Type
- Public Company
- Founded
- 1933
- Specialties
- Terex builds the equipment that helps build the world's infrastructure., Terex mobile cranes, Powerscreen crushing and screening equipment, EvoQuip compact crushing and screening equipment, Fuchs material handlers, Terex Finlay crushing and screening equipment, CBI horizontal grinders and industrial wood chippers, Terex utility aerial devices, digger derricks and auger tools, Terex Financial Services, Genie telehandlers, Terex Ecotec wood processing, biomass and recycling equipment, Terex Bid-Well concrete roller pavers, Terex front discharge mixer trucks, Terex MPS crushing and screening equipment, and Genie booms, lifts and work platforms
Locations
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Primary
Get directions
45 Glover Avenue
Norwalk, CT 06850, US
Employees at Terex Corporation
Updates
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Last year, the Tambrig landfill in Oberfelden, Switzerland, underwent a major expansion with the addition of a new processing hall. During this transformative project three Genie ® boom lifts provided by Bau-Trans Ag of Liechtenstein played a crucial role. Quality and reliability, along with the heavy-lifting capabilities of Genie® XC™ boom lifts and FE hybrid technology, prevented unnecessary downtime and helped keep the project on track. Read all about it below. #Genie #QualitybyDesign #Terex #GenieInAction #WorkingAtHeight #Construction
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Discover our unwavering commitment to providing innovative products and solutions that deliver value to our customers. #Terex
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WATCH 📽 Hillhead - International quarrying, construction + recycling show Recap Video! Terex Materials Processing demonstrated its strength and commitment to sustainable innovation at Hillhead 2024 with a robust display of 19 products across six of its world-leading brands: Powerscreen, EvoQuip, Finlay, Terex Washing Systems, Terex MPS and MDS Huge shout out to our team members, who worked tirelessly to ensure Terex had a professional and impressive presence - our stands and equipment looked amazing! Special appreciation goes to our service team members, whose expertise and commitment ensured everything ran smoothly and efficiently, showcasing our capabilities to the fullest. Finally, thank you to our Terex Financial Services team, who were readily available to discuss financing options with our distributors and customers. An event like this relies on everyone pulling together, and Hillhead was a true testament to our exceptional teamwork and collaboration! #teamwork #Hillhead2024 #sustainableinnovation #strongpresence
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🏗️ 𝑱𝒐𝒊𝒏 𝒐𝒖𝒓 𝑻𝒆𝒓𝒆𝒙 𝑻𝒐𝒘𝒆𝒓 𝑪𝒓𝒂𝒏𝒆𝒔 𝒕𝒆𝒂𝒎! Are you passionate about driving sales? We're looking for someone to lead our efforts in the Terex Tower Cranes product line across North America. As our Business Development Manager, you'll collaborate closely with our Cranes General Manager and the Global Sales Director to develop and execute winning sales strategies. Your role will involve identifying new customers, nurturing existing relationships, and maximizing sales opportunities for our 𝐓𝐞𝐫𝐞𝐱 𝐓𝐨𝐰𝐞𝐫 𝐂𝐫𝐚𝐧𝐞𝐬 product line. If you're ready to take on this exciting challenge, apply now or share with someone who's perfect for the role! Apply here: https://lnkd.in/dNBT7qjF #TowerCranes Terex Cranes
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WATCH: Check out our latest video showcasing our commitment to delivering excellence in parts and service support to our dealers and customers worldwide. Top quality parts for durability you can trust. 👉 Advanced digital tools to simplify your parts ordering process. 👉Online documentation to easily access to what you need. 👉Sophisticated warehouse to ensure superior service. 👉Advanced global logistics to provide fast delivery, wherever you are. 👉Global dealer network with local parts availability. A huge thank you to our parts team members and dealers for providing first-class support to our customers around the globe. Watch the video now and see how we're making a difference! #GlobalSupport #QualityParts #AdvancedLogistics #DealerNetwork #TopService #CustomerFirst #ExcellenceInSupport #DurabilityYouCanTrust
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Check it out! ADVANCE delivering six new Concrete Mixers to its customer, Stone & Company in Greensburg, PA! 🚚💨 These mixers feature cutting-edge innovation and superior engineering to help improve your bottom line. Trust in the durability of #ADVANCE. #ConcreteMixers #AdvanceTerex #Innovation #EngineeringExcellence Image credit: Stone&Company
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📢 This week at Hillhead - International quarrying, construction + recycling show! Neil McIlwaine, Business Line Director of Terex’s newest brand, MAGNA will be at #Hillhead. Don’t miss the opportunity to meet Neil and learn more about MAGNA’s product portfolio, distribution opportunities, and unique customer offering. To book a meeting, email magna@terex.com and the team will see you there! #Terex #Hillhead2024 #MAGNA #MADEFORMORE
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🌟 Happy International Women in Engineering Day! 🌟 Today, we celebrate the incredible contributions of our women engineers around the world. #INWED #WomenInEngineering #STEM #DiversityInEngineering #EmpowerWomen #EngineeringExcellence
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