The world’s largest producer of earth-moving equipment suffered a 23% revenue drop to $11.0bn and a 45% EPS fall (when restructuring charges are excluded) to $0.74 in the last quarter. The full-year numbers were clearly less negative (-15% to $47bn and -27% to $4.64, respectively). In fact, EPS including restructuring charges were negative at $0.15 in Q4 and were down by 40% to +$3.50 in the full-year.
Caterpillar suffered from its reporting currency, i.e. the strong US$ reduced revenue gener ....
28 Jan 2016
Caterpillar experienced accelerating sales and profit falls in Q4 15
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Caterpillar experienced accelerating sales and profit falls in Q4 15
Volvo AB Class B (VOLVB:PRA) | 0 0 1.2% | Mkt Cap: 328,497m
- Published:
28 Jan 2016 -
Author:
Hans-Peter Wodniok -
Pages:
2
The world’s largest producer of earth-moving equipment suffered a 23% revenue drop to $11.0bn and a 45% EPS fall (when restructuring charges are excluded) to $0.74 in the last quarter. The full-year numbers were clearly less negative (-15% to $47bn and -27% to $4.64, respectively). In fact, EPS including restructuring charges were negative at $0.15 in Q4 and were down by 40% to +$3.50 in the full-year.
Caterpillar suffered from its reporting currency, i.e. the strong US$ reduced revenue gener ....