Cummins sees FY25 revenue down 2% to up 3%

Sees FY25 adjusted EBITDA 16.2%-17.2% of sales. “In 2025, we anticipate that demand will be slightly weaker in the North America on-highway truck markets, particularly in the first half of the year, but offset by strength in other key markets. Despite a relatively flat revenue forecast and relative weakness in the key North America truck markets, we expect to improve profitability and cash flow. Cummins (CMI) remains well-positioned to deliver strong financial performance, invest in future growth and return cash to shareholders,” said Rumsey.