In the second quarter of 2021, Caterpillar noted higher end-user demand for equipment and services as well as a smaller decrease in dealer inventories compared to the same period in 2020.
In EAME (Europe, Africa and Middle East), sales amounted to $ 1.291 million compared to $ 933 million in the second quarter of 2020 and $ 1.108 million for the same period in 2019.
As a result, the operating margin reached 13.9% in the second quarter of 2021, almost double that of Q2 2020 but less than in Q2 2019 (15.3%).
Following the presentation of its financial results, the manufacturer also recalled its commitments to sustainable development by 2030, including the objective of working to offer its customers 100% new equipment that is more sustainable than previous generations within ten years.
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