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You are here: Home1 / LSW

Posts

Titan posts weak Q2 earnings

Company News

The second quarter of 2014 was, in the words of Titan International’s chief financial officer, “disappointing in terms of performance.” John Hrudicka reports that the 11.7 per cent year-on-year decline in sales to US$523.7 million occurred against a backdrop of price reductions, a downturn in the mining segment and a decline in agricultural markets. Gross profit also decreased 74.0 per cent to $22.6 million and was 4.3 per cent of net sales, as compared to 14.6 per cent of net sales a year earlier. Loss from operations amounted to $29.5 million in the second quarter of 2014, compared with a profit from operations of $36.9 million in the second quarter of 2013. Net income went $20.5 million into the red. Dividend declared per common share was $0.05.

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Related news:

  1. Titan to reduce employee headcount following disappointing Q1 performance
  2. Titan International gains shareholder green light for Delaware reincorporation
  3. Goodyear agri tyre sales under way in Europe, production to follow
  4. Titan International reports net loss for Q2 2016
25th July 2014/by admin

Titan launches LSW website

Product News

Arguments about greater steering precision aside, the chief reason for fitting low profile tyres to a car is to enhance its appearance. But a narrow sidewall is favoured by some in the off-road sector for entirely difference reasons. Titan International developed its first low profile – it calls it low sidewall, or LSW – off-road tyre in the 1990s and initially introduced the technology on the Caterpillar-brand skid steer tyre in 1999. The company believes that when the benefits of LSW are more widely known the technology will gain widespread acceptance, and to spread word about LSW a new, dedicated website has been rolled out.

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Related news:

  1. Bringing China to the World
  2. LSW sizes added to Titan OTR range
  3. Titan 3Q figures show lower sales, but also reduced losses
  4. Titan, US union file petition against off-road tyres from China, India & Sri Lanka
14th July 2014/by admin

LSW sizes added to Titan OTR range

Product News

Titan has expanded its OTR product range with new Low Sidewall (LSW) options for light, medium and heavy-duty equipment. These tyres, with their larger rim diameter and smaller sidewall than standard tyres, offer improved equipment stability and performance.

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Related news:

  1. Titan Releases Q4 Figures
  2. Kirkby Tyres invests in shot blaster to process large wheels
  3. Titan Sales Hit Record, Loss Still Posted
  4. Titan Delivers First Production 63-inch Tyre and Wheel Assemblies
14th March 2014/by admin

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