CONTENTS

• AMMANN GAINS CONTROL OF STAVOSTROJ
• ATLAS COPCO ACQUIRES DANISH BREAKER MANUFACTURER
• CASE APPOINTS ITS NEW DISTRIBUTOR FOR THE BENELUX AREA
• FRENCH PUBLIC WORKS MARKET SET FOR MODEST GROWTH IN 2005
• FRENCH RENTAL COMPANIES RECOVER IN 2004
• HUNGARIAN CONSTRUCTION EQUIPMENT MARKET IN 2004
• LATEST UK CONSTRUCTION FORECASTS REMAIN VERY POSITIVE
• LOXAM OF FRANCE BUYS COMPETITOR

• FINANCIAL RESULTS
  • SECOND HALF
    • KOBELCO CONSTRUCTION MACHINERY– JAPAN
  • ANNUAL
    • BARLOWORLD – SOUTH AFRICA
    • CLAAS GROUP – GERMANY