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.