Cummins continued its steady, mid-single-digit growth trajectory since the start of 2022 and reported a revenue of $6.4 billion, up 5% from the previous year. Due to a sharp slowdown in China, the company’s international revenues fell by 3% but sales in North America increased by 12%. The company’s international top-line was negatively impacted by 2% due to unfavourable currency movements. The company has gone on to highlight their new advanced range of fuel-agnostic combustion engines, which ha ....

08 Jun 2022
Cummins Inc.: The Daimler Collaboration & Other Developments, Financial Forecasts, DCF & Comparables Valuation, ESG & Other Risks (06/22)

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Cummins Inc.: The Daimler Collaboration & Other Developments, Financial Forecasts, DCF & Comparables Valuation, ESG & Other Risks (06/22)
- Published:
08 Jun 2022 -
Author:
Ishan Majumdar -
Pages:
26 -
Cummins continued its steady, mid-single-digit growth trajectory since the start of 2022 and reported a revenue of $6.4 billion, up 5% from the previous year. Due to a sharp slowdown in China, the company’s international revenues fell by 3% but sales in North America increased by 12%. The company’s international top-line was negatively impacted by 2% due to unfavourable currency movements. The company has gone on to highlight their new advanced range of fuel-agnostic combustion engines, which ha ....