“Best” financial year in Caterpillar’s history

Andy Brown Head of Content, Construction and Engagement

05 February 2024

Caterpillar, the world’s largest construction equipment manufacturer has announced that sales for its Construction Industries in the fourth quarter of 2023 were US$6.519 billion, a decrease of US$326 million (5%) compared with US$6.845 billion in the fourth quarter of 2022.

North America was the only region to see growth in the fourth quarter of 2023 compared to the previous year, with the region posting an increase of sales of 4%. Sales in Latin America were down 25%, Europe, Middle East and Africa (EAME) saw sales drop by 18%, while there…

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