Caterpillar Reports Favorable Currency Impact on 2Q Sales -- Currency Comment
30 Luglio 2021 - 5:05PM
Dow Jones News
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)
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