Fca centers the target 2014: almost 100 billion turnover, Europe sees … – The Messenger

Fca centers the target 2014: almost 100 billion turnover, Europe sees … – The Messenger

LONDON – Fiat Automobiles Chrysler closes with a positive sign in the last quarter of 2014 in EMEA – Europe, Middle East and Africa – and returned to profit at operativo.Una breakthrough that contributes to growth Group revenue exceeding 96 billion, 11% more than last year.

The net profit of 632 million, the bottom of the target indicated, but excluding unusual items, net income amounted to 955 million euro, a slight improvement compared to 2013. The debt is lower than expected and amounted to 7.7 billion, while liquidity grows to 26.2 billion. To the Board of Directors, meeting in the headquarters of London, no dividend will be distributed to shareholders “to further strengthen the financial means to support the five-year plan of the group.”

“We will continue to see good numbers in 2015 and all regions will close in surplus’, promises, during the conference call with financial analysts, CEO Sergio Marchionne that reaffirms its intention to list by the year Ferrari. “If we do not we will be only for regulatory issues,” says the manager who defends the decision to place on the stock market, only 10% of the Prancing Horse and excludes the possibility to bring it to 20%.

A Piazza Affari the title, with a recent positive of sessions interrupted the run after new highs, yields 0.17% to 11.56 euro, but during the day the prevailing volatility with a slip more than 2% . Then the recovery and closing a little jitter. The goals for 2015 are ambitious: deliveries of cars in the world between 4.8 and 5 million, revenues at 108 billion, net income of between 1 and 1.2 billion euro and net industrial debt between 7.5 and 8 billion euro . Estimates that do not consider the impacts associated with the spin-off and listing of Ferrari. Europe gets better and Marchionne praises the work of Alfredo Altavilla and his team.

“The journey we have taken since 2007 , amid skepticism, for reorganization Business – observes CEO Fca – shows that things can change. ” They are, however, especially North America and Asia to contribute to the growth of Fca in 2014. They also help luxury brands with the Red realizing revenues of EUR 2.8 billion, an increase of 18% with 7,255 deliveries and for Maserati where the jump in sales of 137% to 36,448 cars, “thanks to the continued strong performance of the Quattroporte and Ghibli.” Marchionne ensures that the Melfi plant, which produces the Jeep Renegade and the 500X, “will run at full capacity and will have full employment by the third quarter 2015.”