Cummins(CMI) - 2023 Q2 - Earnings Call Transcript

In 2023, we project revenues for the engine business will increase 2% to 7% and EBITDA expected to be in the range of 13.8% to 14.5%, unchanged from our prior year guidance. In the Distribution segment, revenues increased 15% from a year ago to a record $2.6 billion. EBITDA increased as a percent of sales to 11.5% compared to 11.2% a year ago. We now expect 2023 distribution revenues to be up 10% to 15% and EBITDA in In 2023, we anticipate revenues to be in the range of $350 million to $400 million, unchang ...