Consolidated revenue based on IFRS standards were up by 4.5% to $12.92bn in H1 and EBIT (excluding last year’s $495m European anti-trust charge) was up by 20% to $663m. Both of these numbers fell slightly short of our projections ($13.22bn and $682m, respectively). However, net earnings of $249m were ahead of our expected $226m.
27 Jul 2017
H1 numbers slightly disappointing
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H1 numbers slightly disappointing
CNH Industrial NV (CNHI:WBO) | 0 0 0.6% | Mkt Cap: 18,994m
- Published:
27 Jul 2017 -
Author:
Hans-Peter Wodniok -
Pages:
2
Consolidated revenue based on IFRS standards were up by 4.5% to $12.92bn in H1 and EBIT (excluding last year’s $495m European anti-trust charge) was up by 20% to $663m. Both of these numbers fell slightly short of our projections ($13.22bn and $682m, respectively). However, net earnings of $249m were ahead of our expected $226m.