Latest news with #Bauma2025
Forbes
30-04-2025
- Business
- Forbes
What's Next For CAT Stock?
Visitor inspect exhibits at the booth of Caterpillar on the grounds of the "Bauma 2025" fair in ... More Munich, southern Germany, on April 7, 2025. (Photo by Michaela STACHE / AFP) (Photo by MICHAELA STACHE/AFP via Getty Images) Caterpillar (NYSE: CAT) recently published its Q1 results, and both revenue and earnings fell short of analysts' forecasts. The company reported revenue of $14.2 billion and adjusted earnings of $4.25 per share, compared to the expected figures of $14.6 billion and $4.35, respectively. Decreased dealer inventory levels negatively impacted the company's revenue. Nonetheless, the outlook for the company is more favorable than anticipated, which bodes well for its stock. CAT stock has seen returns of -15% since the start of the year (as of April 29), lagging behind the S&P 500 index, which is down 5%. However, if you are looking for upside with more stability than a single stock, consider the High Quality portfolio, which has surpassed the S&P, achieving over 91% returns since its inception. Caterpillar's first-quarter results showed a 10% decrease in revenue year-over-year, totaling $14.2 billion. Analyzing performance across its segments, Construction Industries saw the most significant decline at 19%, followed by Resource Industries with a 10% drop, and Energy & Transportation experienced a more modest 2% decrease in revenue compared to the prior year. Our dashboard on Caterpillar's revenue provides further details. This sales decline, combined with a 390 basis point reduction in adjusted operating margin to 18.3%, led to earnings per share of $4.25, down from $5.60 in the same quarter last year. An important factor affecting Caterpillar's sales was a significantly lower change in dealer inventory levels ($100 million compared to $1.4 billion in the previous year's quarter), indicating overall weak demand. This subdued demand is attributed to the ongoing situation of high interest rates and significant inflation. Furthermore, lower price realization also contributed to the reduction in the company's sales. Given this weak demand, Caterpillar may face difficulties in increasing prices. Looking ahead, Caterpillar expects its second-quarter sales to be comparable to the previous year. However, the company predicts an additional cost headwind of $250 million to $350 million in Q2 due to tariffs. For the entire year, assuming no further effects from tariffs, Caterpillar estimates sales will be roughly flat compared to 2024, which is an improvement from January's projection of a slight decline. Nevertheless, if tariffs remain at their current levels, the company still anticipates full-year sales to align with the initial January guidance. Although the first quarter was weaker than expected, Caterpillar's stock rose 3% following the earnings announcement due to a positive outlook. Notably, CAT has exhibited consistent growth, increasing its value each year for the past four years. Specifically, the stock delivered returns of 16% in 2021, 19% in 2022, 26% in 2023, and 25% in 2024. However, this consistent appreciation has not led to consistent market outperformance. In contrast, the Trefis High Quality (HQ) Portfolio, which comprises 30 stocks, is less volatile. It has comfortably outperformed the S&P 500 over the last four years. Why is that? As a collective, HQ Portfolio stocks have provided better returns with reduced risk compared to the benchmark index; resulting in a less tumultuous experience, as illustrated in HQ Portfolio performance metrics. Considering the current uncertain macroeconomic situation, particularly concerning tariffs and trade conflicts, the question emerges as to whether CAT might experience a comparable period of underperformance compared to the S&P 500 over the next 12 months, similar to 2021. Alternatively, might the stock see significant upward movement? While we are in the process of updating our valuation model for CAT to reflect the latest results, our current evaluation indicates potential for growth. Currently trading at approximately $315, CAT's stock has a price-to-earnings (P/E) ratio of 15x, based on trailing earnings of $20.55 per share. This is lower than its average P/E ratio of 19x over the past five years. Although a slight contraction in the valuation multiple seems reasonable given the recent decrease in sales and profits, we believe that with a 15x earnings multiple, CAT stock may still have some room for appreciation. While CAT stock appears to have potential for growth, it is beneficial to evaluate how Caterpillar's Peers perform on important metrics. You can find additional valuable comparisons for companies across various industries at Peer Comparisons.
Associated Press
11-04-2025
- Business
- Associated Press
Gravis Robotics Launches ‘Anywhere Autonomy' at Bauma 2025
At Bauma 2025, Gravis Robotics unveils its earthmoving autonomy platform, transforming standard heavy equipment into robotic teammates. 'With global labor shortages in construction and a rising demand for critical infrastructure, the industry needs to focus on productivity as the core driver for automation.' — Ryan Luke Johns, CEO of Gravis Robotics. MUNICH, MUNICH, GERMANY, April 11, 2025 / / -- At Bauma 2025, Gravis Robotics unveils its earthmoving autonomy platform, transforming standard heavy equipment into robotic teammates. Designed to deliver measurable gains in productivity, safety, efficiency, and predictability, Gravis helps contractors dig smarter—not harder. By retrofitting onto existing machines such as excavators and wheel loaders, Gravis empowers project teams to excavate, load, and manage material with unprecedented precision and throughput— enhancing productivity with up to 30% faster performance in high-volume tasks. Gravis uses advanced AI to deliver higher fill rates per bucket and efficient cycle times during autonomous excavation tasks. The system 'feels' and adapts to changing ground conditions, maximizing productivity even in hard and inconsistent soil. Whether loading trucks in a quarry, trenching utilities for new development, or bulk-excavating for road construction, the platform's advanced situational awareness and user-centric design make heavy machinery both highly efficient and remarkably easy to control. At the heart of the system is the Gravis Rack: a rooftop-mounted autonomous control kit that layers real-time 3D surveying, visual situational awareness, geospatial positioning, and performance-focused AI onto the machines you already use. It pairs with the Gravis Slate, a rugged touchscreen interface that makes getting started with autonomy as simple as tapping a finger. 'With global labor shortages in construction and a rising demand for critical infrastructure, the industry needs to focus on productivity as the core driver for automation,' said Ryan Luke Johns, CEO of Gravis Robotics. 'The industry needs better tools to help operators dig faster, safer, and with less rework—and to help attract, upskill, and retain the next generation of operators.' Gravis makes autonomy feel like adaptive cruise control: practical, powerful, and ready today. Anywhere Autonomy Gravis makes it easy for crews to use autonomy—no matter their experience level. Whether you're in the cab, outside, or remote, the system fits right in. Using the Gravis Slate, operators can choose how much control they want: from helpful AR guidance that replaces conventional machine control to setting up an autonomous task with a tap from afar. By sidestepping the usual integration headaches of construction tech, contractors can start simple and scale autonomy at their own pace. The result: less fatigue, better accuracy, and faster digging—especially on tough, repetitive jobs. Pricing and Subscription Model The Gravis system is available as a one-time hardware upgrade (including installation), plus an annual software license for autonomy and analytics. Leasing options are available, and every proposal includes tailored ROI modeling based on your fleet and project needs. Live at Bauma Alongside the product launch at Bauma, Gravis has emerged with a number of significant OEM collaborations—with CASE, Develon, Hitachi, Menzi Muck, Sumitomo, and Yanmar revealing their relationships with Gravis Robotics at the show. Gravis is featured in several live demonstrations, happening several times daily at Develon (autonomous truck loading), Hitachi (autonomous trenching), and Menzi Muck (augmented teleoperation). Visitors can experience remote autonomy in action—controlling machines 200 kilometers away in Zürich—during daily demos at 1:30 PM at the Gravis booth. About Gravis Robotics Gravis Robotics delivers next-generation earthmoving autonomy that boosts jobsite performance. By combining AI, machine vision, and human-first interfaces, Gravis helps contractors increase throughput, reduce waste, and enhance job site safety—whether they're in the cab or coordinating work remotely. Media Contact Name: Sheila Bugal For interviews, images, or more information, please contact Sheila Bugal at [email protected]. Sheila Bugal Gravis Robotics +41 44 442 07 70 Facebook X LinkedIn Instagram YouTube TikTok Legal Disclaimer:
Yahoo
09-04-2025
- Business
- Yahoo
Bigge Crane and Rigging Co. Celebrates Milestone at Bauma 2025 with Fifth-Generation Involvement and Liebherr Crane Acquisition
MUNICH, April 9, 2025 /PRNewswire/ -- Bigge Crane and Rigging Co. announced the acquisition of three new Liebherr LTM 1100-5.3 all-terrain cranes at Bauma 2025, marking a defining moment for the 109-year-old company. The deal was signed on-site by Hunter Settlemier, representing the fifth generation in the family business. "Today marks a very special day for me and for Bigge's history," said Weston Settlemier, Chief Executive Officer of Bigge Crane and Rigging Co. "It's my 55th birthday, and I'm proud to be attending Bauma for the 30th year in a row. Even more meaningful, I'm here with my oldest son, Hunter—the fifth generation to join our family business." The newly acquired cranes will soon join Bigge's industry-leading Perfect Fleet® in Northern California, raising the bar in service, performance, and reliability. Designed to meet the demands of modern lifting projects, these Liebherr machines are a strategic investment in quality and customer service. "Bigge has partnered with Liebherr for over 20 years," added Settlemier. "Like us, they are a family-owned company, and we share a common philosophy: world-class teams, innovation, investment, and quality. This latest investment reflects our ongoing commitment to bringing the very best to our most valued customers." Bigge's Perfect Fleet represents the most modern, efficient, and meticulously maintained crane fleet in the industry. With this latest expansion, Bigge continues its mission to provide best-in-class lifting solutions nationwide, backed by over a century of expertise and a forward-looking commitment to the future. For more information about Bigge's Perfect Fleet® and crane rental services, visit About Bigge Since 1916, Bigge Crane and Rigging Co. has been the premier provider of best-in-class cranes. Bigge offers crane rentals, cranes for sale, crane parts, and specialized heavy lift equipment to customers across America. With headquarters in California and Texas, Bigge operates a strategic network of over 20 service locations nationwide, allowing them to provide logistical and field support throughout the United States. Bigge actively buys and sells new and quality used cranes and maintains a rental fleet of more than 1,800 assets. Safety, teamwork, results, innovation, and passion are central to Bigge's core values. Bigge continues to lead the crane industry into the 21st century with generations of combined experience in the crane and rigging industry. View original content to download multimedia: SOURCE Bigge Crane and Rigging Co. Sign in to access your portfolio
Yahoo
09-04-2025
- Automotive
- Yahoo
Singaporean lithium-ion battery maker Durapower enters construction machinery sector in partnership with GEBA at Bauma Expo
The partnership with GEBA marks Durapower's foray into the construction machinery sector Large portfolio of high quality, reliable, and safe battery products and services caters to a wide range of electrification solutions MUNICH and SINGAPORE, April 8, 2025 /PRNewswire/ -- Singaporean lithium-ion battery manufacturer, Durapower Technology (Singapore) Private Limited ("Durapower" or the "Company") has partnered with Green Road Machinery ("GEBA") to participate in the Bauma 2025 ("Bauma"), to be held at the Trade Fair Center Messe München in Munich, Germany, from 7 to 13 April 2025. This is Durapower's first entry into the construction machinery sector and its first time Durapower participating in Bauma. Mr. Kelvin Lim, Chief Executive Officer of Durapower Group remarked: "We are pleased to start our foray into the construction machinery sector. The massive global construction and mining vehicle industry represents a huge opportunity for Durapower and its cutting-edge battery solutions. We look forward to further collaborations with industry partners like GEBA to grow the business for mutual benefit." Durapower is a Singaporean battery cell developer and manufacturer of Lithium-based energy storage solutions with more than 15 years of track record in the automotive, battery, and marine industry. With its presence across 25 countries in Europe and Asia, Durapower's high quality and reliable battery solutions have been deployed in hundreds of vehicles, vessels and energy storage systems worldwide. It has multiple manufacturing bases around the world and with a 100% safety track record to date with more than 1 billion electric kilometers driven. The key benefits of Durapower batteries include customisable high-performance solutions for critical and non-critical applications, with high quality, long battery life, and a strong safety track record. Bauma is the world's leading trade fair for Construction Machinery, Building Material Machines, Mining Machines, Construction Vehicles and Construction Equipment. Durapower is partnering with GEBA to host a booth at Bauma 2025, where GEBA will showcase its construction vehicles that include Durapower's battery packs, which were jointly designed and deployed in GEBA's products. In doing so, Durapower aims to demonstrate its capabilities to support the electrification of mining vehicles, and construction machinery, equipment and vehicles. In addition to its constant R&D into proprietary battery technology, Durapower's cutting-edge technological innovations include DP Pulse, a remote battery monitoring digital solution which combines revolutionary machine learning models with big data to further enhance customer use cases by improving battery health visibility and supporting predictive maintenance, thus guaranteeing a higher uptime and peace of mind. About Durapower Group ( Headquartered in Singapore, Durapower offers closed-loop, end-to-end energy storage solutions for the electric mobility and renewable energy applications including on and off-road Electric, Hybrid and Plug-in Hybrid Electric Vehicles, electric marine vessel and stationary energy storage solutions. Since 2009, Durapower has been a leading innovator of Lithium-Ion cell technology, focusing on the research and development of battery materials, battery cell manufacturing and system integration. With a global presence spanning 25 countries and 70+ cities, including European countries, China, India and Southeast Asia. Durapower Group strives to make scalable, sustainable batteries that support the circular economy, empowering lives and transforming the future towards a carbon neutral economy. About GEBA ( GEBA is a global pioneer in the electrification of road construction machinery with over 50 years of expertise in implementing construction and infrastructure projects efficiently and sustainably. GEBA combines craftsmanship, technological expertise and a clear vision of sustainability to provide their customers with the best solutions, whether it is to rent equipment, electrify existing equipment or sustainable construction. View original content to download multimedia: SOURCE Durapower Group
Yahoo
20-03-2025
- Business
- Yahoo
Topcon to Showcase New Construction Technology Solutions at Bauma 2025 in Munich
LIVERMORE, Calif., March 20, 2025--(BUSINESS WIRE)--Topcon Positioning Systems will exhibit at Bauma 2025, the world's leading trade fair for construction machinery, building material machines, mining machines, construction vehicles, and construction equipment. The exhibition will take place April 7-13 in Munich, Germany, where Topcon will be located in Hall A2, Stand 249. "We look forward to welcoming visitors to our stand at Bauma 2025 as we embark on the next phase of our digital transformation journey," said Luc Le Maire, Topcon senior vice president and general manager, Positioning Solutions, EMEA. "At Topcon, we are committed to revolutionizing the industry with innovations, solutions, and a comprehensive ecosystem that adds value to our customers and guides them through their most challenging projects. We look forward to unveiling the first solutions in the company's new Capture Reality range of mass data solutions among other new and existing product portfolio offerings." Topcon's stand will feature innovative solutions across multiple applications, including: Earthmoving solutions, including the MC-Max excavator system that provides automated tilt and slope control, integrated weighing and as-built data accuracy for earthmoving projects, as well as wheel loader and compact machine solutions, including the latest Layout Navigator (LN) and MC-Mobile, developed specifically for accuracy in tighter spaces. Road construction solutions, such as MC-Max asphalt paving and milling systems, featuring modular designs and simplified configurations built to enhance productivity on projects of any size, including soil and asphalt compaction. Construction surveying tools, highlighted by the new HiPer XR GNSS receiver and new GT robotic total station that features a new, silent motor system designed for reliability and accuracy in the field. Capture Reality solutions, comprising laser scanners, modeling and verification software, and additional tools for capturing and digitizing reality. Digital transformation and integration solutions, including Aptix, Sitelink3D, Topcon Tierra telematics and fleet management solutions designed to optimize the entire construction workflow toward full automation. Correction services through Topnet Live, a real-time GNSS correction service supporting construction, survey and mapping, and enabling new possibilities for IoT-connected devices. For more information about Topcon's presence at Bauma 2025, visit About Topcon Positioning Systems Topcon Positioning Systems is an industry-leading designer, manufacturer and distributor of precision measurement and workflow solutions for the global construction, geospatial and agriculture markets. Topcon Positioning Systems is headquartered in Livermore, California, U.S. ( LinkedIn, X, Facebook, Instagram). Its European head office is in Zoetermeer, Netherlands. Topcon Corporation ( founded in 1932, is traded on the Tokyo Stock Exchange (7732). View source version on Contacts Press Contacts: Staci FitzgeraldTopcon Positioning Systemscorpcomm@ +1 925-245-8610 Sign in to access your portfolio
