Caterpillar Still Shows Big Regional Sales Gains (CAT)

Commodities & Metals

Published: December 16, 2010 9:44 am

Last Updated: April 27, 2020 6:38 pm

Caterpillar Inc. (NYSE: CAT) is out with its monthly sales figures for November. The gains are very high on the surface. Asia/Pacific and the EMEA (Euro, Africa, Miidle-East) saw an acceleration in its retail sales. North America gained, but there was a large drop off in Latin American sales for some reason. Still, when you see the double-digit percentage gains it will standout as extremely high.

The information released is over deliveries to users for its machinery and engines operations. Keep in mind that these monthly figures release are unaudited and based on independent dealers’ data.

Caterpillar noted that that retail sales of machines by marketing region for the 3-month rolling period compared with the same months of the prior year are as follows:

	Nov.10	Oct.10	Sept.10
Asia/Pacific	UP 51%	UP 45%	UP 44%
EAME*	UP 43%	UP 40%	UP 40%
Latin America	UP 43%	UP 59%	UP 73%
ROW*	UP 46%	UP 46%	UP 49%
North America	UP 53%	UP 52%	UP 60%
World	UP 48%	UP 48%	UP 53%

Caterpillar also noted that Sales of Reciprocating & Turbine Engines to Retail Users & OEMs by business sector for the 3-month rolling period compared with the same months of the prior year are as follows:

	Nov.10	Octb. 10	Sept.10
Electric Power	UP 11%	UP 10%	UP 10%
Industrial	UP 52%	UP 52%	UP 61%
Marine	DOWN 4%	DOWN 14%	DOWN 38%
Petroleum	UP 2%	FLAT	UP 1%
Total	UP 12%	UP 8%	UP 5%

Caterpillar shares are up 0.45% at $93.54 as of 9:37 AM EST, but keep in mind that its 52-week trading range is $50.50 to $94.33.

JON C. OGG

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