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Net sales totalled USD1.2bn in the third quarter of 2009, down by 51.2% from USD2.5bn in 2008.
Each of Terex's segments experienced lower net sales due to continued global economic uncertainty that caused customers to be cautious about purchasing equipment, the company said.
Terex noted that during the third quarter of 2009 it incurred after-tax charges of approximately USD19m or USD0.18 per share associated with restructuring programmes and a continued reduction in production levels.
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