Company Financials

Caterpillar reports tough Q4, full-year 2020 results

IBI , by Tony Esposito2021-01-29T15:48:00

CAT

Lower end-user demand and reduced dealer inventories responsible for sales drop

Heavy equipment and marine diesel manufacturer Caterpillar announced today results from the fourth-quarter and full-year 2020, which saw revenue decline by 15% and 22% respectively over 2019 performance.

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