North America strong for Caterpillar

Murray Pollok Managing Editor, IRN & Director of Content, KHL

28 April 2022

Caterpillar has reported a 14% increase in first quarter sales to US$13.6 billion, driven by healthy growth in its resource, construction and energy/transport divisions.

Operating profits of $1.85 billion were up 2% year-on-year, with higher prices and volumes almost offset by higher material and freight costs.

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