Cat Q3 Down 23%

Mike Osenga

27 October 2020

Caterpillar Inc. has announced third-quarter 2020 sales and revenues of $9.9 billion, a 23% decrease compared with $12.8 billion in the third quarter of 2019. The decline was primarily due to lower sales volume driven by lower end-user demand for equipment and services, the company said.
Third-quarter 2020 profit per…

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