Management has released its 2020-24 business plan which not only refers to splitting up the company but also to investing a huge amount into R&D. Revenue is expected to increase by 5% annually and the EBIT margin to reach 8% by 2022 and 10% by 2024 (we see it just below 7% through to 2021).
03 Sep 2019
CNHI to be split into two separately listed entities
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CNHI to be split into two separately listed entities
CNH Industrial NV (CNHI:WBO) | 0 0 0.6% | Mkt Cap: 18,994m
- Published:
03 Sep 2019 -
Author:
Hans-Peter Wodniok -
Pages:
2
Management has released its 2020-24 business plan which not only refers to splitting up the company but also to investing a huge amount into R&D. Revenue is expected to increase by 5% annually and the EBIT margin to reach 8% by 2022 and 10% by 2024 (we see it just below 7% through to 2021).