Sunday, November 19, 2017

Posted by February 5, 2015

Maritime Propulsion

Cummins Revenue up 11 pct

Image (file photo courtesy Cummins): the high speed Cummins QSK95 engine.

Cummins Inc, a maker of diesel engines, reported an 11 percent rise in quarterly revenue, helped by strong demand from North America.

Sales rose to $5.09 billion in the fourth quarter ended Dec. 31, from $4.59 billion a year earlier.

Net income attributable to Cummins rose to $444 million, or $2.44 per share, from $432 million, or $2.32 per share.

Excluding items, the company earned $2.56 per share.


Reporting by Radhika Rukmangadhan

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