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Share Name Share Symbol Market Type
Caterpillar Inc NYSE:CAT NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -3.63 -1.82% 196.01 200.43 195.92 200.25 3,405,443 01:00:00

Caterpillar Reports Favorable Currency Impact on 2Q Sales -- Currency Comment

30/07/2021 4:05pm

Dow Jones News


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By Paulo Trevisani

 

Currency fluctuations had a favorable impact on second quarter sales, Caterpillar Inc. said Friday.

The Deerfield, Ill. maker of heavy machinery reported sales and revenues of $12.9 billion, a 29% increase from a year earlier.

Caterpillar said the increase was driven by higher sales volume, while citing favorable currency impacts related to the Australian dollar, euro and Chinese yuan.

Over the second quarter, the greenback weakened 1% versus the euro and 1.5% versus the yuan, while strengthening 1.3% against the Australian dollar, according to Dow Jones Market Data.

 

Write to Paulo Trevisani at paulo.trevisani@wsj.com

 

(END) Dow Jones Newswires

July 30, 2021 11:04 ET (15:04 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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