Wednesday, April 29, 2015

The accounts of Fca, net profit up to 92 mln. Well even in Europe – ANSA.it

Fca closed the first quarter 2015 with a net profit of 92 million euro, with an increase of 265 million euro compared the loss of 173 million euro in the first quarter 2014.

European activities of Fca reported a profit for the first quarter of 2015.

The group in the first quarter revenues up 19% to 26.4 billion euro. The vehicles delivered globally is 1.1 million, down 2% on the first quarter of 2014 with a strong performance in NAFTA and falling market in Latin America. Jeep for deliveries up 11% and sales up by 22%.

Confirmation of target 2015 : global shipments in the range between 4.8 and 5 million vehicles, sales of around 108 billion euro, adjusted EBIT between 4.1 and 4.5 billion euro, net income between 1 and 1.2 billion euro, net industrial debt in a range between 7.5 and 8 billion euro.

Fca closed the first quarter of 2015 with an adjusted EBIT up 22% to 800 million Euros, with all segments in profit with the exception of Latin America. The favorable impact of changes in foreign exchange rates – said the company – was offset by negative effects in terms of transactions.

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