“Credible” results in Covid-hit year at Caterpillar dealer

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A long-established Caterpillar machine and engine dealer has described its financial results as "credible" after a year impacted by the Covid-19 pandemic.

Accounts for Cannock-headquartered Finning Holdings show the company achieved a revenue of £518m for the year to 31 December 2020, down from £670.9m in 2019.

Its pre-tax profits went from £22.8m to £4.9m over the same period.

The group was founded in Vancouver, Canada, by Earl B Finning. It has been working with Caterpillar since 1933.

A statement signed off by the board said: "The directors are pleased to present the results of the group in 2020 that show credible results in what

 link source - Insider Media

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