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RSS FeedsFCA: 2017 First Quarter Results
(WorldNews Netherlands)

 
 

26 april 2017 14:37:29

 
FCA: 2017 First Quarter Results
(WorldNews Netherlands)
 


FCA reports record first quarter with Adjusted EBIT of EUR1.5 billion, up 11%, margin increasing to 5.5%; Adjusted Net Profit up 27% to EUR0.7 billion and Net Profit of EUR0.6 billion. Full-year guidance is confirmed. Worldwide combined shipments(1) of 1,145 thousand units, substantially in line with Q1 2016 Net revenues of EUR27.7 billion, up 4% Adjusted EBIT of EUR1,535 million, up 11% with improvement in all segments except LATAM Adjusted net profit of EUR671 million, up 27%; Net profit of EUR641 million, up 34% Net industrial debt of EUR5.1 billion, limiting the seasonal increase to EUR0.5 billion from December 2016, compared to an increase of EUR1.5 billion for Q1 2016 Liquidity strong at EUR21.6 billion,...


 
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