Fiat Chrysler Automobiles (FCAU) Reports Q3 Revenue of EUR26.8B
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FCA Reports Record Third Quarter Results With Adjusted EBIT of €1.5 Billion, up 29%, Adjusted Net Profit of €740 Million and Net Profit of €606 Million. Group Adjusted EBIT Margin of 5.6%, up 13
October 25, 2016 7:24 AM EDTLONDON, Oct. 25, 2016 /PRNewswire/ --
Worldwide combined shipments(1) of 1,123 thousand units, substantially in line with prior year; Jeep combined shipments(1) up 3% Net revenues of 26.8 billion, in line with Q3 2015 Adjusted EBIT increased 29% to 1,500 million, with improvement in all segments except LATAM; EBIT was 1,341 million as compared with 225 million in Q3 2015 Adjusted Net Profit increased over three-fold to 740 million; Net Profit of 606 million, up 1.0 billion from prior year Net industrial debt increased 1.0 billion from June 2016 mainly due to normal working capital seasonality Market share in U.S. increased to 12.5%, up 30... More