BofA/Merrill Lynch Upgrades CNH Global NV (CNHI) to Neutral
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CNH Industrial Fourth Quarter and 2015 Full Year Results
January 29, 2016 8:16 AM ESTLONDON, Jan. 29, 2016 /PRNewswire/ --Â
Financial results under U.S. GAAP(*) (**)
Revenues totaled $7.1Â billion for the fourth quarter and $25.9Â billion for the full year 2015. Net sales of Industrial Activities were $6.9Â billion for the quarter and $24.7Â billion for the year. Operating profit of Industrial Activities was $563Â million for the quarter, an increase of 50%, at an operating margin at 8.2%, up 3.5Â p.p. compared to the same period in 2014. For the full year, operating profit of Industrial Activities was $1,432Â million,... More