March 28, 2019
The 2018 Quarter 4 sales revenues was announced on January 30, 2019.
● Q4’18 revenues of €523m*, +21% vs. Q4’17, +22% like for like**
● 2018 revenues of €1 884m*, +18% vs. 2017, +19% like for like**
● Q4’18 order intake on equipment of €629m vs. €551m in Q4’17
● End of Q4’18 order book on equipment at €1 002m vs. €709m in Q4’17
● Outlook for 2018 recurring operating income rate confirmed
● Outlook for a 2019 Revenue increase around + 10%
2018 is again a record year for the group. Revenues of €1,884 million, representing like-for-like growth of +19% compared to 2017, cumulative order intake of €1.9 billion, and an order book that, for the first time in our history, has crossed the €1 billion threshold.
Michel Denis, President and Chief Executive Officer
On December 12th, Asian Construction Equipment Group Co., Ltd. (abbreviated as ACE Group) Xuchang Production Base hosted a delegation of senior clients from The Republic of Tajikistan for an in-depth facility inspection. Guided by the warm winter sun, th
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