Canadian aerial lift manufacturer Skyjack has posted another record quarter, reports the industry’s digital magazine, Vertical.net.
Sales for Linamar’s Industrial Divison – of which Skyjack is by far the biggest component are up 19.5 percent, to $215 million and operating income in the same period increased almost 54 percent to $46.6 million.
The article accredits this is to higher sales of both boom lifts and scissor lifts in North America, Asia and Europe, along with favourable exchange rates.
The company achieved higher margins thanks to the higher volumes, exchange rates and increased productivity and efficiency improvements, partially offset by higher management and sales costs.
Linamar as a whole reported revenues up 22.5 percent to $1.28 billion, while net earnings jumped 42.7 percent to $113.7 million.
Bright future for this powered access brand
On Skyjack, the article comments: “With the company’s products now covering around 80 percent, or more of the total self-propelled market and with plenty of room to expand its market coverage Skyjack appears to have a very bright few years ahead of it, as it chases the two market leaders”.
Sourcing Skyjack powered access hire in the UK
Skyjack equipment – along with Genie, JLG, Niftylift, Pop-up and PowerTower – are all part of the full range of powered access hirewhich can be supplied by Enfield-based Mr Plant Hire’s UK network.
This covers scissor lifts (flying carpets), Boom lifts (cherry pickers), mast lifts, personnel lifts, spider lifts and much more.