As the group delivered fewer trucks (-8% to some 31k) and the volume growth was hardly visible in agricultural but there was strong growth in construction equipment, Q3 revenue was marginally down by 0.3% to $6.72bn, which brought the ytd number to $21.5bn (+9.4%). In spite of this, adjusted EBIT continued rising by more than 60% to $462m in Q3 and €1.53bn ytd. Net earnings more than tripled in the last quarter to $148m and almost quadrupled ytd to $1.12bn. While the 9M revenue number wa
07 Nov 2018
Reasonable Q3 18 earnings
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Reasonable Q3 18 earnings
CNH Industrial NV (CNHI:WBO) | 0 0 0.6% | Mkt Cap: 18,994m
- Published:
07 Nov 2018 -
Author:
Hans-Peter Wodniok -
Pages:
2
As the group delivered fewer trucks (-8% to some 31k) and the volume growth was hardly visible in agricultural but there was strong growth in construction equipment, Q3 revenue was marginally down by 0.3% to $6.72bn, which brought the ytd number to $21.5bn (+9.4%). In spite of this, adjusted EBIT continued rising by more than 60% to $462m in Q3 and €1.53bn ytd. Net earnings more than tripled in the last quarter to $148m and almost quadrupled ytd to $1.12bn. While the 9M revenue number wa