Monday, April 3, 2017

Doosan Infracore "Bobcat piggyback expected earnings."



It rose bulging with expectation expectations - standing financial newspaper hyomun Korea News] Son Dongyeon Doosan Infracore CEO (pictured), Doosan Infracore took office while the third year is the 80th anniversary of the founding of the right to reap massive profits again this year.

2014 - because after having established only ppajyeotji the deficit again in 2015 operating profit returned to the black in the swamp last year, will grow in the Chinese excavator market recovery and thanks subsidiary Doosan Bobcat business performance like infrastructure investments according to Trump nomikseu.

◇ prove worthiness to Son Dongyeon three-year performance

The president of Doosan Infracore Son Dongyeon busy in the last inaugurated in 2015 to tackle the transition to a shaded and sunny pungnyeonga a larger portion leadership is so noted.

2015 suffered hardships in the recession because of Doosan Infracore's major markets, China's excavator market. Hands boss can plug in to the top of the bar "and differentiated customer value creation is possible to secure the competitiveness for business turnaround, top priority is to improve the product and technological competitiveness in the global top level" in his inaugural address assignment.

Two years later this year, Doosan Infracore expects earnings after the president took office hand. 6.1 trillion won this year's sales and operating profit are expected to 504.6 billion won. It is a shame the increased revenue (370.4 billion won) 6.46%, and operating profit (138 million), compared to 2.81% last year, which was 4908 billion, respectively, and 5.7296 trillion won.

The positive point is that the Chinese excavator market is recovering. China's excavator market, Doosan Infracore is the main market. China's excavator market experienced the difficulty to sell 13,918 last month, close to the former peak and has been a noticeable recovery. The positive elements in the core business of excavators, wheel loaders, Doosan Infracore with the engine business. Doosan Infracore official said, "Recently, the example shows the major markets, China's excavator market recovery," said "Accordingly, the 80th anniversary of the founding of this year, high expectations," he said.

He added, "excavator, wheel loader production volume last year, Doosan Infracore escaped the slump is forecast to 12500 University" and "This is the value increased 5.62% (665) than the previous year, this year, according to a boom in the Chinese excavator market We expect a positive outlook, "he added.

◇ Doosan Bobcat, compact track loaders strong

In addition to the booming Chinese market, the main market for sustained profitability rise Doosan Bobcat has been acting as a boon for Doosan Infracore. Doosan Bobcat accounted for about 70% of sales last year, Doosan Infracore. Last year, Doosan Infracore's sales of 879.1 billion won 3000000000005 1 trillion 729.6 billion won 68% of the revenue was generated from Doosan Bobcat. Following heavy industry (23%, 1.3517 trillion won), the engine (9 percent, 498.8 billion won) was generated by net sales.

Operating margin may not be an exaggeration to say that this has led Doosan Bobcat. Last year, the total operating margin of 8.6%, Doosan Infracore. This engine business 11.8% By sector, 10.7 percent Bobcat Doosan Heavy Industries & Construction has accounted for 1.3%, respectively. Numerically higher operating margin engine business is the best, the Doosan Bobcat with an operating profit of over 410 billion won to see that it in fact responsible for the profitability of Doosan Infracore.

Doosan Infracore official said, "For Doosan Bobcat last year, the United States, Donald Trump after the president's election has achieved a successful IPO Possession in the expectation that the economic construction in North America Survive" and "After the acquisition of Doosan Bobcat in July, 4.9 billion US dollars in 2007 the poor suffer the results began to emerge in the last little since 2011, "he said.

There is a strong like Doosan Bobcat this portion of 'the fact cam track loader (hereinafter referred to as CTL), decisive. Surpassing the "skid steer loader (hereinafter SSL) 'excavator operating with four wheels is the most selling products at Doosan Bobcat. CTL is the excavator to move to the one track.

In fact, over the past seven years jaepum by sales of Doosan Bobcat remarkable expansion of CTL. CTL was only 20,000 in 2011 soared more than doubled last year, 43,000 palrimyeo price. In contrast, SSL sold 33,000 last year, the same as in 2011.

Doosan Infracore official said, "CTL has recently while sales continued to increase in high-margin products led to margin expansion of Doosan Bobcat," he said, "while also expanding SSL, CTL and the sales contribution this year will accelerate the next generation of new products."



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