Caterpillar Says Weaker Euro, Yen, Aussie Hit Sales -- Currency Comment
28 April 2022 - 4:30PM
Dow Jones News
By Paulo Trevisani
Caterpillar Inc. on Thursday said currency conversion had a
negative impact on first-quarter results.
The Deerfield, Ill. maker of heavy machinery reported sales of
$13.6 billion, 14% higher than a year ago, including a $211 million
negative hit from currency.
The company said the FX unfavorable effect was due to a weaker
euro, Japanese yen and Australian dollar.
Write to Paulo Trevisani at paulo.trevisani@wsj.com
(END) Dow Jones Newswires
April 28, 2022 10:15 ET (14:15 GMT)
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