US: Cummins sees EBIT growth of 24% in Q1

Cummins has reported consensus-beating financial progress in the quarter ended 1 April 2012, driven by strong diesel engine demand in North America, including that from the commercial vehicle sector. First quarter revenue was US$4,472m, an increase of just under 16% from the US$3,860m reported in the opening quarter of 2011 (ended Subscribe to Automotive World … Continued

• By Webmaster
• May 1, 2012