Caterpillar reports 31% drop in Q2 sales

Jenny Lescohier

31 July 2020

Caterpillar has reported US$10 billion in second quarter 2020 sales and revenue, reflecting a 31% decrease from US$14.4 billion in the same quarter in 2019.

Caterpillar reports second quarter financial results

According to financial results released on 31 July, the decline was due to lower sales volume driven by lower…

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