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JCB celebrate all-time record year

JCB enjoyed its most successful year ever in 2006, according to an announcement from the company today.
JCB enjoyed its most successful year ever in 2006, according to an announcement from the company today, setting new records for pre-tax profits, turnover, machine sales and global market share.

Pre-tax profits rose to £149 million for 2006 – an increase of 35% compared with £110 million in the previous year. Turnover rose to a record level at £1.75 billion – up from £1.42 billion and machine sales rose to more than 55,000, from 45,000, all of which increased JCB’s world market share rose to 10.4 per cent from 9.6 per cent, said the company.

JCB Chairman Sir Anthony Bamford said: “Last year was undoubtedly the most successful year in JCB’s history. We not only benefited from growth in the global construction equipment market but more importantly we have grown faster than the market.”

Managing director and ceo John Patterson added that investment in manufacturing capacity had been a key driver of the company’s growth and had ensured, “the building blocks are in place to take us to new heights in 2007.”

About Fiona Russell-Horne

Fiona Russell-Horne
Group Managing Editor across the BMJ portfolio.

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