Cummins had a good top-line performance in 2021, as a result of the economic recovery and a high demand for its products. The management has also taken several steps to improve their margins in 2022 including cost optimization and improved efficiency in operations. They also expect to see significant incremental growth from increased pricing and surcharges and cost-cutting initiatives in their supply chain and operations. Moreover, Cummins continues to gain traction in the New Power market by fo ....
05 Mar 2022
Cummins Inc.: Detailed Credit Analysis & Financial Strength Evaluation Report, Key Risks & ESG Assessment (03/2022)
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Cummins Inc.: Detailed Credit Analysis & Financial Strength Evaluation Report, Key Risks & ESG Assessment (03/2022)
- Published:
05 Mar 2022 -
Author:
Ishan Majumdar -
Pages:
17
Cummins had a good top-line performance in 2021, as a result of the economic recovery and a high demand for its products. The management has also taken several steps to improve their margins in 2022 including cost optimization and improved efficiency in operations. They also expect to see significant incremental growth from increased pricing and surcharges and cost-cutting initiatives in their supply chain and operations. Moreover, Cummins continues to gain traction in the New Power market by fo ....