Komatsu boost sales with US exports but added costs keep profits flat

Komatsu boost sales with US exports but added costs keep profits flat

US News Rank

Komatsu’s UK turnover soared by nearly £40m last year after the digger maker managed to increase its exports to the US.

The firm – which manufacturers the famous, yellow excavators from its factory in Birtley, Gateshead – saw its revenues jump from £191.1m in 2018 to £228.2m for the year ending March 31.

The rise in turnover was largely due to the North East site fulfilling demand for its…

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