Welcome to our dedicated page for Terex news (Ticker: TEX), a resource for investors and traders seeking the latest updates and insights on Terex stock.
Terex Corporation (NYSE: TEX) provides innovative equipment solutions for construction, infrastructure, and recycling industries worldwide. This dedicated news hub offers investors and industry professionals centralized access to official announcements, strategic developments, and operational updates from the global industrial leader.
Track critical updates including quarterly earnings reports, product launches, sustainability initiatives, and leadership changes. Our curated feed ensures timely access to Terex's material processing innovations, aerial work platform advancements, and environmental solutions developments. Discover how the company's global manufacturing expertise and customer-focused engineering translate to market performance.
Key coverage areas include equipment lifecycle updates, strategic partnerships, safety certifications, and technology integrations across Terex's Materials Processing and Aerial Work Platforms segments. Bookmark this page for reliable updates on operational expansions, regulatory compliance milestones, and industry-specific solutions from a NYSE-listed industrial equipment manufacturer.
Terex Corporation (NYSE: TEX) has published its 2022 Environmental, Social and Governance (ESG) Report, emphasizing its commitment to sustainable practices. Key highlights include identifying five critical ESG areas, launching an all-electric utility truck, and achieving 15% reductions in greenhouse gas emissions and energy intensity. Notably, approximately 60% of Terex's MP and 70% of AWP products are electric or hybrid. The report aligns with multiple ESG reporting frameworks and supports the United Nations Sustainable Development Goals.
Terex Corporation (NYSE: TEX) will participate in a fireside chat at Deutsche Bank's Industrials Conference on November 15, 2022, at 7:55 AM ET. The event will be available via live webcast on Terex's Investor Relations website. Terex is a global manufacturer focused on materials processing machinery and aerial work platforms, offering products that reduce environmental impacts, including electric and hybrid options. They manufacture in North America, Europe, Australia, and Asia, supporting various industries.
On November 7, 2022, Terex Corporation (NYSE: TEX) announced its participation in Baird's 2022 Global Industrial Conference, scheduled for November 9, 2022. The company will present insights regarding its materials processing machinery and aerial work platforms.
The presentation will be available through the Terex Investor Relations website. Terex is recognized for its commitment to sustainability, offering electric and hybrid products that minimize environmental impacts.
Terex Corporation (NYSE: TEX) reported a robust third quarter 2022, with sales of $1.1 billion, up 13% year-over-year, and a significant 33% growth in backlog to $3.9 billion. Income from operations soared 63% to $121 million, while the EPS increased to $1.20, reflecting a 79% rise. The company raised its full-year EPS outlook to $4.00 - $4.20. Operationally, the Materials Processing segment saw a 9.4% revenue increase, and Aerial Work Platforms reported a 15.7% growth, driven by strong demand and price realizations.
Terex Corporation (NYSE:TEX) has declared a quarterly dividend of $0.13 per share, set to be paid on December 19, 2022. This payment will benefit stockholders of record by the close of business on November 10, 2022. Terex is recognized as a global leader in manufacturing materials processing machinery, focusing on sustainable solutions and environmental impact reduction.
Terex Corporation (NYSE: TEX) is set to host a conference call on October 28, 2022, at 8:30 a.m. ET to review its third quarter 2022 financial results. The call will be led by John L. Garrison, Jr., Chairman and CEO, alongside Julie Beck, CFO. The financial results will be available after market close on October 27, 2022, and participants are encouraged to join the webcast ahead of time. Terex manufactures materials processing machinery and aerial work platforms globally, focusing on sustainability through electric and hybrid options.
Terex Corporation (NYSE: TEX) reported second quarter 2022 sales of $1.1 billion, up 4% year-over-year and 9% on an FX-neutral basis. The backlog grew 51% year-over-year to $3.5 billion, indicating strong demand. Operating margin improved 220 bps to 9.6%, with EPS rising 2.5% to $1.07. Terex raised its full-year EPS outlook to $3.80-$4.20. Despite challenges like inflation and supply chain disruptions, the company is focused on sustainable growth, new technologies, and maintaining a strong balance sheet.
Terex Materials Processing has acquired ProAll, a Canadian producer of mobile volumetric concrete mixers, to enhance its product offerings in the concrete market. This acquisition enables Terex to eliminate delivery time concerns by providing make-to-order concrete on-site, tailored to specific job requirements. The deal expands Terex's presence in the US and international markets, adding a new revenue stream and opportunities for growth. Kieran Hegarty, President of Terex MP, highlighted the significant potential for expanding into new markets.
Terex Corporation (NYSE:TEX) has declared a quarterly dividend of $0.13 per share, which will be distributed on September 19, 2022. Stockholders of record as of August 12, 2022 will be eligible for this dividend. Terex is known for manufacturing materials processing machinery and aerial work platforms, serving various industries worldwide. The company also focuses on reducing environmental impacts through innovative electric and hybrid products.
Terex Corporation (NYSE: TEX) will hold a conference call on August 3, 2022, at 8:30 a.m. ET to discuss its second quarter 2022 financial results, following the release of these results after market close on August 2, 2022. The call will be led by John L. Garrison, Jr., CEO, and Julie Beck, CFO. Investors can access the webcast 15 minutes prior to the call and will also have the option to replay the webcast afterward. For more information and access to the financial results, visit Terex Investor Relations.
