MUNICH (dpa-AFX) - Construction equipment manufacturer Wacker Neuson aims to keep up the pace of growth over the coming years and become more profitable. By 2030, the company aims to grow Group revenue to EUR 4 billion and achieve an earnings margin before interest and taxes of more than eleven percent, according to a statement issued by the company on Wednesday. By comparison, in 2022 the group, which is listed on the small-cap index SDax, generated earnings of 2.25 billion euros, of which nine percent remained as operating profit.

The long-term sales target is based on an average growth expectation of eight percent per year, which is in line with the average of recent years, the statement added. This does not yet take into account possible acquisitions. The margin target is to be achieved by continuing the efficiency measures that have already had a positive effect in recent quarters./mis/zb