Revenues down 22% for Caterpillar

Leila Steed Editor, Demolition & Recycling International

29 January 2021

Caterpillar has published its full year financial results, which show its 2020 sales and revenues figure of US$41.7 billion was down 22% on 2019’s $53.8 billion. The company said the lower sales were a result of lower end-user demand and the impact from changes in dealer inventories.

The fourth quarter…

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