24 jul: GM Suspends Tuesday Production at Brazil Factory; Union Protests
24 jul: Icahn Sounds The Alarm on Forest Labs
24-07-2012 16:23:00

Caterpillar Sales Up 11% in Three Months to End of June

Relateret indhold
Relateret debat
27 jan - 
CAT & BMY er to meget gode eksempler på at den dyre USD..
27 jan - 
BMY Bristol-Meyer, EPS over, men udmelding til 2015 væs..
27 jan - 
CAT just. eps 1,35 mod ventet 1,55 USD, CAT ned med 4,7..

By Bob Tita

Demand for Caterpillar Inc.'s (CAT) construction and mining equipment in North America continues to outpace other regions of the world, but is showing signs of weakening as the company Tuesday reported an 11% increase in total sales in the three months to the end of June.

It was the 25th straight three-month period of retail sales growth for the world's largest seller of bulldozers, excavators and wheel loaders. But growth has been decelerating lately in most of Caterpillar's geographic markets, as tougher year-earlier comparisons and deteriorating economic conditions, particularly in Europe and Latin America, hold down sales increases.

World-wide dealer-reported machinery sales climbed 11% and 12% from a year earlier for the three months ended in May and April, respectively.

North America, which is the company's largest geographic market, continued to be the company's strongest market. But sales weakened against recent months. North America sales rose 24% in the three months to June 30, following a 31% increase in May and a 32% increase in April.

Caterpillar has attributed North America's sales performance to the replacement of worn-out machinery whose life cycle was extended because of the 2008 economic recession. Caterpillar dealers also have expanded their inventories of machinery and increased or replaced their rental fleets. But the weakening sales growth compared with prior months suggests that the run up in North America sales is running out of momentum.

Sales in Latin America continued to be weak but improving in the midst of tough economic conditions, especially in Brazil. Caterpillar's June sales from the region were down 3% from a year earlier, following a 6% decline during May and a 13% decrease in April.

Sales growth in Europe, Africa and the Middle East weakened further from recent months. June sales were flat with a year ago, after increasing 4% during May and rising 14% in April.

Asia Pacific sales rose 16% in June as China's dismal construction machinery market benefited from easier year-ago sales comparisons. Sales from the region rose 5% during both the May and April periods.

Caterpillar's engine business remained choppy, as overall sales rose 7% in the May period, after increasing 2% in May and rising 5% in April. Sales of engines for generating electric power dropped 11% during June, after falling 19% during the May period and slipping 15% in April.

Transportation industry sales, which includes engines for ships and railroad locomotives, rose 19% during the June period, following a 9% increase during the May period and an 14% increase in April.

Caterpillar's stock Tuesday opened up 1.5 at $82.84 a share.

Write to Bob Tita at robert.tita@dowjones.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

(END) Dow Jones Newswires

July 24, 2012 10:23 ET (14:23 GMT)

Copyright (c) 2012 Dow Jones & Company, Inc.

Opret kommentar

Relateret debat

  • 1 uge
  • 1 måned
  • 1 År
Ingen indlæg

Fondsbørsmeddelelser

Aktier/tendens: Novo Nordisk kan drive aktiemarkedet op

30-01-2015 08:28:39
Fredag morgen før fondsbørsen åbner, kom C20 Caps sværvægteren Novo Nordisk med et regnskab, der endnu en gang slår sig selv på bundlinjen.Novo Nordisk kom ud m..

Novo færdig med at købe aktier for 15 milliarder

29-01-2015 13:22:39
Novo Nordisk afsluttede onsdag sit årelange aktietilbagekøb og har dermed brugt i alt 15 mia. kr. på at købe egne aktier tilbage fra markedet siden 30. januar 2..

Aktier/middag: Nordea nyder fortsat godt af regnskabssucces

29-01-2015 11:44:44
Støttet af positive kursmålsændringer lægger Nordea sig torsdag middag i spidsen af C20 Cap-indekset, der langsomt er krøbet mod nul-linjen efter en start på ha..

Mest læste nyheder

  • 24 timer
  • 48 timer
  • 1 uge
1
Novo færdig med at købe aktier for 15 milliarder
2
Novo Nordisk godt på vej med stort insulinhåb
3
Coloplast skuffer analytikerne og justerer forventninger
4
Novo Q4: Opjusterede forventninger slår estimaterne i markedet
5
Aktier/tendens: Novo Nordisk kan drive aktiemarkedet op

Relaterede aktiekurser

Caterpillar Inc 80,00 0,0% Aktiekurs uændret
Caterpillar 73,00 -6,4% Fald i aktiekurs
Caterpillar Inc 76,60 0,0% Aktiekurs uændret

Køb- og salgsanbefalinger

  • Trend
  • Pengemaskinen

Relaterede selskaber
Få adgang til information og anbefalinger af relaterede selskaber med PLUS pakken.

Du får adgang til 7 værdifulde investorværktøjer til investering.

Klik her og læs mere om PLUS pakken.

Copyright Euroinvestor A/S 2015  Disclaimer Privatlivspolitik
Aktieinformation leveres af Interactive Data.
Data er forsinket 15-20 minutter iht. de enkelte børsers regler om videredistribution.
 
30. januar 2015 11:56:22
(UTC+01:00) Brussels, Copenhagen, Madrid, Paris
Version: LiveBranchBuild_20150130.1 - EUROWEB7 - 2015-01-30 11:56:22 - 2015-01-30 11:56:22 - 1 - Website: OKAY

Når du besøger Euroinvestor.dk accepterer du, at der anvendes cookies, som vi og vores samarbejdspartnere benytter til funktionalitet, statistik og markedsføring. Læs mere om cookies på Euroinvestor.dk her

x