08:14 MILAN (AFX) – A net profit up 69% to 333 million, driven by sales in North America, Europe and especially the strengthening of the dollar, revenue growth to 29.2 billion and net industrial debt decreased by 600 million to 8 billion. These are a summary of the numbers of the second quarter Fca, released yesterday dall’a.d. Sergio Marchionne, who not only beat the estimates of brokers (consensus expected revenues of 26.4 billion, net profit of 283 million plus a net industrial debt to 8.5 billion) but above all enabled the Lingotto revised upwards the target for 2015. Fca, explained yesterday Marchionne, now, you read about MF, expects revenues this year to over 110 billion share (compared to the previous 108 billion), an EBIT of 4.5 billion ( a window including from 4.1 to 4.5 billion) and a net profit in a range between 1 and 1.2 billion. Not surprisingly, the title has chalked up an excellent performance on the stock market closed trading on the Milanese listing at 13.98 euro with an increase of 5.7%. Marchionne also explained that currently there are no plans “immediate” for the sale of Magneti Marelli as had been suggested on the press a few weeks ago. Sign that if the sale of the subsidiary active in the components is not a priority ‘for Fca, at the same time the management will take seriously into account the sale in case of a concrete offer. red / cas (end) AFX NEWS 3108: July 13, 2015
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