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US: Cummins forecasts US$12bn revenue in 2010

Cummins has reported details of its financial performance in the three months ended 28 March 2010, showing a small increase in revenue versus Q1 2009, but a strong rebound in profitability. The engine supplier is now forecasting revenue of US$12bn in 2010, accompanied by an EBIT margin of 10%. The It’s time to log in … Continued

Cummins has reported details of its financial performance in the three months ended 28 March 2010, showing a small increase in revenue versus Q1 2009, but a strong rebound in profitability. The engine supplier is now forecasting revenue of US$12bn in 2010, accompanied by an EBIT margin of 10%. The

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