CONTENTS

• CASE APPOINTS NEW DEALER IN AUSTRIA
• EURO DAEWOO TO INCREASE PRODUCTION IN BELGIUM
• FINANCES IMPROVE IN JAPANESE MANUFACTURERS
• FRENCH RENTAL COMPANIES MAKE FLYING START IN 2004
• NO SLOWING IN SPANISH CONSTRUCTION INDUSTRY OR EQUIPMENT SALES
• THOMAS EQUIPMENT TO BE ACQUIRED BY PNEUTECH

• FINANCIAL RESULTS
  • FIRST QUARTER
    • DEUTZ – GERMANY
    • GEHL – USA
    • LINDE AG – GERMANY
  • THIRD QUARTER
    • JLG – USA
  • ANNUAL
    • MANITOU – FRANCE
    • SAME DEUTZ-FAHR – ITALY