Another quarter, another record performance for Paccar Inc.
The medium- and heavy-duty truck and engine maker reported a 70% increase in second-quarter profits and a 24% increase in sales. It delivered 51,900 trucks across its Kenworth, Peterbilt and DAF Trucks brands.
Here are key numbers from Paccar’s second-quarter results reported Tuesday:
- Record net sales and revenues of $8.88 billion.
- Record net income of $1.22 billion.
- Parts revenues of $1.6 billion and pretax income of $419.3 million.
- Financial Services pretax income of $144.7 million.
This is a developing story.
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