Caterpillar Reports 33% Increase in Sales, Resource Industries Up 60%


Back to
Today's News

Caterpillar reported a 33% increase in worldwide machine sales for the three-month rolling period ended in February 2018. All four regions in the report experienced at least a 30% increase in sales, with North America recording a 30% increase exactly. Asia/Pacific earned the high-water mark at 41%.

Worldwide Resource Industries sales experienced a larger increase (60%) compared to Construction (27%), with North America credited with a 62% jump. The worldwide improvement marked an 11% boost from the reading in January.

As for Construction, North America helped carry an increase with a 25% uptick in sales in the region. Asia/Pacific led the way with a 36% improvement.

Energy & Transportation sales for the three-month period ended in February 2018 also improved, rising 21%. The increase was powered primarily by Oil & Gas (up 29%) and Power Generation (up 19%).

View Latest Digital Edition

Terry Mulreany
Subscriptions: 800 708 9373 x130
terry.mulreany@monitordaily.com
Susie Angelucci
Advertising: 484.459.3016
susie.angelucci@monitordaily.com

View Latest Digital Edition

Visit our sister website for news, information, exclusive articles,
deal tables and more on the asset-based lending, factoring,
and restructuring industries.
www.abfjournal.com