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BRIEF-Caterpillar expects ME&T capex of about $1 bln to $1.5 bln per year going forward
September 12, 2017 / 3:24 PM / 10 days ago

BRIEF-Caterpillar expects ME&T capex of about $1 bln to $1.5 bln per year going forward

Sept 12 (Reuters) - Caterpillar Inc:

* Says going forward, expect ME&T capex to be about $1.0 billion - $1.5 billion per year - Investor Presentation‍​

* Sees 2017 adjusted operating margin of 10.9 percent versus 8.0 percent reported in 2016

* Says offshore spending is expected to continue its decline in 2017 Source text - (bit.ly/2xis3TL) Further company coverage:

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