Caterpillar gained 6.093 million dollars in 2019, a 0,9 % less because of the “global economy uncertainty” – Alex Lyon Mexico

Caterpillar gained 6.093 million dollars in 2019, a 0,9 % less because of the “global economy uncertainty”

The group of American industrial equipment Caterpillar announced Friday it closed 2019 net profit of 6.093 millions of dollars, a 0,9 % less compared to the previous year, while their expectations for 2020 are contained by the “uncertainty of the global economy”.

The company based in Deerfield (Illinois), which integrates the Dow Jones Industrial, He reported that its annual revenue last year reached 53.800 millions of dollars, a 1,68 % less compared to 54.722 million which had the previous year.

In the fourth quarter of last year, the period that followed Friday's Wall Street, Caterpillar had a profit of 1.098 millions of dollars, an increase of 4,77 % against the 1.048 million in the same period 2018.

Quarterly earnings per share was 1,97 Dollars, some 19 cents more than the 1,78 dollars per share reported in the same period of the previous year and an increase in the 10,6 %.

President and CEO of Caterpillar, Jim Umpleby, He said in a statement it expected to 2020 laincertidumbre sobre la economía globalpresione sus niveles de venta y sus inventarios, pero aseguró que la firma estápreparadapara tener unarápida respuesta”.

He according added Umpleby, the results of the past year have enabled the company to increase its dividend by 20 %, which it has led to the division of large sums of money to its shareholders.

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