Skip to main content
Advertising

Originally published Friday, January 31, 2014 at 7:43 AM

  • Share:
           
  • Comments (0)
  • Print

Paccar 2013 profit climbs 5 percent on flat sales

The Bellevue-based truck manufacturer said Friday its annual revenues hit $17.12 billion, up 0.4 percent.


By Seattle Times staff

Most Popular Comments
Hide / Show comments
No comments have been posted to this article.
Start the conversation >

advertising

Paccar’s 2013 profits rose more than 5 percent on virtually flat sales, the Bellevue-based truck manufacturer said Friday.

The company reported record annual revenues of $17.12 billion, up 0.4 percent. Its net income of $1.17 billion, up 5.4 percent, was Paccar’s third-best ever, said Mark Pigott, chairman and chief executive officer. Earnings per share were $3.30, up 5.8 percent.

Fourth-quarter revenues were up 15 percent to $4.6 billion, and quarterly net income was $334.2 million or 94 cents per share.

Paccar shares were down $1.25, more than 2 percent, to $56.20 in morning trading.



News where, when and how you want it

Email Icon

The summer is wide open.

The summer is wide open.

Follow our three-part "Washington's National Parks" series running through August 10 for an in-depth look at some of our local treasures.

Advertising

Advertising


Advertising
The Seattle Times

The door is closed, but it's not locked.

Take a minute to subscribe and continue to enjoy The Seattle Times for as little as 99 cents a week.

Subscription options ►

Already a subscriber?

We've got good news for you. Unlimited seattletimes.com content access is included with most subscriptions.

Subscriber login ►