The group’s revenue increased by 2% to $5.63bn in the quarter through to 29 January while net earnings fell by 24% to $194m.
Agricultural and turf revenue was unchanged at $3.6bn, whereas it fell in the construction and forestry division by 6% to $1.1bn. Positive consolidated growth exclusively stemmed from a rise in financial services (+9% to $696m) and ‘other’ (+93% to $231m).
The group’s operating earnings were up by 2% to $416m, but this number excludes certain head office costs. Agricultu ....
18 Feb 2017
Mixed picture from J Deere for Q1 16/17
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Mixed picture from J Deere for Q1 16/17
CNH Industrial NV (CNHI:WBO) | 0 0 0.6% | Mkt Cap: 18,994m
- Published:
18 Feb 2017 -
Author:
Hans-Peter Wodniok -
Pages:
2
The group’s revenue increased by 2% to $5.63bn in the quarter through to 29 January while net earnings fell by 24% to $194m.
Agricultural and turf revenue was unchanged at $3.6bn, whereas it fell in the construction and forestry division by 6% to $1.1bn. Positive consolidated growth exclusively stemmed from a rise in financial services (+9% to $696m) and ‘other’ (+93% to $231m).
The group’s operating earnings were up by 2% to $416m, but this number excludes certain head office costs. Agricultu ....