Ferrari (RACE) Offers Certain Prelim. Q4, FY15 Results
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Ferrari 2015 Full Year and Q4 Preliminary Results as Reported by FCA
January 27, 2016 6:13 AM ESTMARANELLO, Italy, January 27, 2016 /PRNewswire/ --
Ferrari N.V. (NYSE/MTA: RACE) ("Ferrari") announced today that the Q4 and full year earnings announcement published today by Fiat Chrysler Automobiles N.V. (NYSE:FCAU / MTA:FCA) ("FCA"), included certain information regarding the results of Ferrari, which remained part of the FCA group at the end of 2015. Ferrari will separately report its Q4 and full year 2015 financial results prepared in accordance with International Financial Reporting Standards (IFRS) as issued by the International Accounting Standards... More
FCA Closed 2015 With a Strong Performance Well in Excess of Full-year Guidance
January 27, 2016 5:22 AM ESTLONDON, Jan. 27, 2016 /PRNewswire/ --
Worldwide shipments were 4.6 million units, in line with 2014. Jeep's strong global performance continued with record worldwide shipments of 1.3 million up 21%. Adjusted EBIT1 was 5.3 billion, up 40% from 3.8 billion in 2014, with NAFTA more than doubling and EMEA returning to profitability one year ahead of plan. All segments were profitable in Q4 2015. Adjusted net profit2 was 2.0 billion, up 91% compared to 1.1 billion in 2014. Net profit in 2015 was 377 million, which includes Q3 charges for the change in estimate to reflect current regulatory and recall environment, as well as Q4 charges... More