Terex AWP Sales Drop 34% in 2020

Feb. 16, 2021

Terex Corp. reported 2020 sales of $3.1 billion, down 29 percent from the $4.4 billion reported in 2019. Fourth quarter sales were down 11 percent compared to the same period in 2019, from $885 million to $786 million.

Income from continuing operations was $9 million for 2020, compared to $209.7 million in 2019.

Sales in the company’s AWP segment, which includes Genie, were $1.8 billion, down 34 percent from the $2.7 billion recorded in 2019. Fourth quarter sales were $412 million, down 17 percent from the $500 million reported in the same period in 2019.

Source: Terex