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Caterpillar CEO Says Middle East Continues To Face Challenges - Conf Call

By Reuters News

Oct 29 (Reuters) - Caterpillar Inc CAT.N:

  • CATERPILLAR CEO: MIDDLE EAST CONTINUES TO FACE CHALLENGES, CURRENTLY ANTICIPATE LIMITED IMPACT ON SALES TO USERS IN EAME REGION-CONF CALL

  • CATERPILLAR CFO: EXPECT MODERATE Q4 Y/Y SALES GROWTH FOR POWER AND ENERGY SEGMENT

  • CATERPILLAR CFO: EXPECT Q4 SALES FOR CONSTRUCTION SEGMENT TO BE SIMILAR TO LAST YEAR

  • CATERPILLAR CFO: CONTINUE TO EXPECT ABOUT 50% OF TARIFFS TO BE INCURRED IN CONSTRUCTION INDUSTRIES SEGMENT

  • CATERPILLAR CFO: EXPECT 25% OF TARIFFS EACH TO BE INCURRED IN BOTH POWER AND ENERGY, RESOURCE UNITS

  • CATERPILLAR CEO: SEEING DEMAND FROM CLOUD COMPUTE, BACK UP POWER REMAIN STRONG

  • CATERPILLAR CEO: HAVE A LINE OF SIGHT ON DEMAND PAST THE ORDER BACKLOG

Further company coverage: CAT.N

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