Caterpillar first-quarter sales rise 14% -Breaking
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© Reuters. FILE PHOTO: The Caterpillar logo was pictured at the “Bauma” Trade Fair for Construction Machinery, Building Material Machines, Mining Machines, Construction Vehicles and Construction Equipment, Munich, Germany, 8 April 2019. REUTERS/Michaela Rehle/File Pho(Reuters) – Caterpillar Inc (NYSE: ) announced a 14.3% increase in its first quarter revenue, on Thursday. This was due to higher commodity prices and construction-led demand. It also saw an increase in sales of heavy equipment throughout the business.
Revenue and sales for the quarter increased to $13.6billion from $11.9billion a year prior.
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