U.S. sales drive Caterpillar’s 1Q profit

News by BMI Editorial

US-based mining and construction equipment manufacturer Caterpillar has posted record quarterly profit of US$1.586B, and raised its profit outlook for the year as improved sales of construction machinery in the US and global demand for mining equipment offset weaker sales in China, Brazil and Europe.

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Business Business/Commerce Miscellaneous Finance/Financial Results Handling Equipment/Systems America - North America - South Brazil Caterpillar China Europe Handling Equipment/Systems Miscellaneous Places USA

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