2 0 1 2
Operating Profit/(Loss)%
15.00%
9.54%
10.00%
7.81%
8.91%
8.37%
6.68%
4.78%
5.00%
0.00%
6.31%
5.35%
2011
2012
4.29%
2003
2004
2005
2006
2007
2008
2009
2010
-1.97%
-5.00%
The negative economic impact of 9/11 caused customer apprehension that lasted into 2003.
Historical trends in profitability began to return in 2004 and continued to grow through most
of 2008 bolstered by a strong United States economy. Profitability in 2012 was impacted by
lower gross margins due to new product introductions and muted global economic growth.
2012 Astec Industries, Inc. Annual Report
5