Paccar Has Strong First Financial Quarter In 2012

“Paccar reported excellent revenues and net income for the first quarter of 2012,” said Mark Pigott, chairman and CEO.

Paccar earned $327.3 million ($.91 per diluted share) for the first quarter of 2012 compared to $193.3 million ($.53 per diluted share) in the first quarter last year. First-quarter 2012 net sales and financial services revenues increased 45 percent to $4.78 billion from $3.28 billion reported for the first quarter of 2011.

Visit The Trucker to find out more about the financial highlights of Paccar’s 2011 fiscal year, and predictions for 2012.