CAT raises 2030 revenue guidance on strong backlog
CAT raised its 2030 revenue guidance, citing strong demand and capacity investments, especially in power and energy. It said backlog visibility extends into 2030 and highlighted disciplined pricing with flexible customer agreements.
Revenue guidance for 2030 has been raised, with the company citing strong demand and capacity investments, especially in power and energy. Backlog visibility now extends into 2030, supported by disciplined pricing and flexible customer agreements. Technology, rental strategy and services growth remain the main pillars driving f…