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Cummins profit falls 30.5 percent, sees 2013 sales down
February 6, 2013 / 12:40 PM / 5 years ago

Cummins profit falls 30.5 percent, sees 2013 sales down

Feb 6 (Reuters) - U.S. manufacturer Cummins Inc posted a 30.5 percent drop in fourth-quarter profit and warned that sales could fall as much as 5 percent this year as it copes with falling demand for its heavy truck engines.

The company said on Wednesday that fourth-quarter profit came to $381 million, or $2.02 per share, compared with $548 million, or $2.86 per share, a year earlier.

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