TSE:6305Machinery
A Look At Hitachi Construction Machinery (TSE:6305) Valuation After Raised Full Year Revenue And Profit Guidance
Raised guidance and regional demand drivers
Hitachi Construction Machinery (TSE:6305) lifted its full year revenue and profit guidance after seeing stronger than expected replacement demand in Europe and Asia, ongoing infrastructure projects, and a resilient mining business.
The company now forecasts full year revenue of ¥1,370,000 million, operating income of ¥137,000 million, and net income attributable to owners of the parent of ¥78,000 million, with projected earnings per share of...