Record turnover of £3.35bn for JCB
JCB has set new records for turnover and machine sales in 2017 as global markets continued to rebound strongly during the year, the company announced today.
The Staffordshire-based construction and agricultural machinery maker revealed that its sales turnover in 2017 rose by almost 28% to £3.35 billion (2016: £2.62 billion), while machine sales increased to 75,693 (2016: 66,011).
Earnings on an EBITDA basis rose by almost 19% to £341 million (2016: £287 million). Since 1975, JCB’s average return on investment has been over 30%. The market rebound has continued strongly in 2018 which has pushed JCB global production levels to a record level of 500 machines per day.