Oshkosh Truck Corporation has reported second quarter net income up 59.2% to $22.5 million, or $0.62 per share, on sales of $518.2 million for the quarter ended March 31, 2004. This compares with net income of $14.1 million, or $0.40 per share, on sales of $453.4 million for last year’s second quarter.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

Oshkosh also increased its sales and earnings per share estimates for the full year ending September 30, 2004 to $2.085 billion and $2.90 per share, respectively.


Sales increased 14.3% in the second quarter. Operating income increased 43.9% to $35.1 million, or 6.8% of sales, compared to $24.4 million, or 5.4% of sales, in the prior year’s second quarter.


Defence sales increased 28.8% to $168.1 million for the quarter, largely due to higher heavy-payload truck sales to the US Department of Defence and international customers and higher parts sales as a result of the conflicts in Iraq and Afghanistan which more than offset a $32.2 million decrease in MTVR contract sales as the production rate on this contract declined in advance of contract expiration in fiscal 2005.


Commercial sales increased 19.4%, to $217.8 million, for the quarter on strong order intake in the US markets. Operating income decreased 17.1% to $9.4 million, or 4.3% of sales, compared to 6.2% of sales in the prior year quarter.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Oshkosh said that net income increased 105.3% to $52.2 million, or $1.46 per share, for the first six months of fiscal 2004 on sales of $1,011.4 million compared to $25.4 million, or $0.73 per share, for the first six months of fiscal 2003 on sales of $879.7 million.


Operating income increased 82.8% to $81.8 million, or 8.1% of sales, in the first six months of fiscal 2004 compared to $44.7 million, or 5.1% of sales, in the first six months of fiscal 2003.