Caterpillar Inc. Announces 1Q 2010 Results; Improving Economic Conditions and a Focus on Execution Drive First Quarter Profit; Caterpillar Increases 2010 Outlook for Sales and Revenues and Profit; Order Rates and Production have Increased and, As a Result, Sales and Revenues are Expected to Improve As the Year Unfolds

ENPNewswire-28 April 2010-Caterpillar Inc. Announces 1Q 2010 Results; Improving Economic Conditions and a Focus on Execution Drive First Quarter Profit; Caterpillar Increases 2010 Outlook for Sales and Revenues and Profit; Order rates and production have increased and, as a result, sales and revenues are expected to improve as the year unfolds(C)2010 ENPublishing - http://www.enpublishing.co.uk Release date- 26042010 - PEORIA, Ill.- Caterpillar Inc. (NYSE: CAT) today reported a first-quarter profit of $0.36 per share, up $0.55 per share from a loss of $0.19 per share in the first quarter of 2009. Excluding a tax charge of $90 million related to the recently signed U.S. health care legislation, profit in the first quarter of 2010 was $0.50 per share. The loss of $0.19 per share in the first quarter of 2009 included $558 million of employee redundancy costs. Excluding redundancy costs, profit in the first quarter of 2009 was $0.39 per share. First-quarter sales and revenues of $8.238 billion were down from $9.225 billion in the first quarter of 2009.