Senior leaders of Cummins shared their five year plans for profitable growth for the Company. They emphasized the opportunities presented by tightening emissions regulations in different parts of the world, the acquisition of its distributors in North America and highlighting the roll-out of a broad range of exciting new products.
Cummins CEO Tom Linebarger as well as other top leaders of the business spoke to more than 100 Wall Street analysts and shareholders in New York City.
Cummins expects to grow revenues at 2 to 3 times the rate of growth in the global GDP and laid out its targets for revenues and profitability in 2018 in tow different economic scenarios to reflect the uncertain economic conditions ahead.
“We are confident in our plans to grow faster than the end markets we serve,” said Linebarger. “Our leadership in technology, strong partnerships and unmatched global presence allows us to deliver the best products and services to help our customers win in the markets where they operate all over the world. Cummins has made, and continues to make, significant investments in a range of exciting new products and in our distribution system to ensure that we continue to deliver profitable growth and help our customers succeed.”
For more information, read the full press release.
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