Pivotal Point Tracking Terex (TEX): Construction Machinery Specialist Benefits from Infrastructure Investments - Margin Jump to 9.3%!
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Terex is a manufacturer of aerial work platforms and material processing equipment. On February 11, the company reported results for the 4th quarter that significantly exceeded expectations. The group benefits massively from government funding programs such as the US Infrastructure Investment and Jobs Act, which stabilizes demand for crushing and screening equipment as well as telehandlers. With a strong order book and efficient cost management, Terex succeeded in expanding its operating margins to 9.3% and raised its outlook for the current fiscal...
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