Expects second-half 2024 sales and revenues to be slightly higher compared to the first half of 2024. Expects changes in dealer inventories of machines to have a nominal impact to second-half 2024 sales and revenues. Expects adjusted operating profit margin in the second half of 2024 to be lower compared to the first half of 2024. Expects adjusted operating profit margin in the second half of 2024 to be similar to the second half of 2023. Anticipates services growth in the second half of the year. Comments taken from investor presentation slides.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CAT: