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Deutz results: revenue up by almost 8 % in 2023

Within a persistently challenging macroeconomic environment, Deutz stayed on course in the 2023 financial year and achieved record results for revenue EBIT. The drive manufacturer grew its revenue by 7.8 % to around €2.1 billion.

Rolls-Royce Power Systems records very good results

Rolls-Royce’s Power Systems business unit – with its key mtu brand – saw revenue, profit and cash flow rise strongly in 2023 to reach very good results. Revenue was primarily driven by energy systems, especially for data centres.

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FPT Industrial: let’s go, XC13

The XC13 surely sounds agnostic in FPT Industrial’s unofficial nomenclature; it comes, indeed, with a tripartite certification: Euro 6E (winking an eye at the upcoming Euro 7), methane gas and also biofuel, with a link to hydrogen. Andrea Abbà, FPT’s product marketing manager, told us about dialogui...

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Cummins opens brand new facility in Poland

Cummins is to open a state-of-the-art high-horsepower engine rebuild centre in Krakow, Poland. The new site, set to be fully operational at the end of this year, will be the company’s first such specialist rebuild facility in Europe.

Liebherr: record turnover in 2022

The Liebherr Group finished the year 2022 with a new record turnover of €12,589 million. Compared to the previous year, the company thus recorded a turnover growth of €950 million or 8.2%.

ConExpo: Cummins and Accelera Zero on sustainability

At ConExpo-Con/Agg, Cummins reaffirmed the company’s commitment to reach net-zero emissions from its products and business by 2050. This will be achieved by focusing on advancing internal combustion engine technology and building the broadest combination of zero-emissions technologies, including bat...

Kubota’s engines power innovation at ConExpo

Kubota’s drive towards a carbon-neutral future, shown at ConExpo as well, encompasses a range of recently-launched, ground breaking engines including new hybrid and hydrogen models along with the expanding use of more low carbon alternative fuels.

Yanmar: new power range at ConExpo

Exhibiting together with Yanmar Group companies Eleo and HiPower Systems, Yanmar will introduce equipment from its new power range and share the company’s vision for a zero emission, resource recycling future at ConExpo 2023

IEEFA report: turmoil in global LNG markets is curbing demand growth

According to the new IEEFA report, global liquefied natural gas (LNG) supplies are likely to remain tight through 2025, curbing demand growth in key Asian import markets. European LNG demand may remain strong in the short term, but will decline by 2030 as decarbonization and energy security policies...

Excellent results for Cummins

Cummins has reported a strong fourth quarter revenue of $7.8 billion, along with a revenue of $28.1 billion for the full 2022 year. Key highlights for 2022 include the company completing the acquisition of Jacobs Vehicle Systems (JVS), Meritor, and Siemens Commercial Vehicles, along with unveiling t...
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