(Reuters) - However, Eaton also said it still expects a 3 percent to 4 percent decline in the end markets that it serves, mostly due to the decline in the North American heavy truck market.
"Overall, the weighted average of our end markets in the first quarter performed as we had expected, buoyed by stronger conditions in the markets for NAFTA heavy-duty trucks and Brazilian agricultural equipment, offset by weaker conditions in the North American markets for residential electrical equipment and hydraulics," Eaton Chief Executive Alexander Cutler said in a statement.
Read more at Reuters.com Market News
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