CNH Industrial - 2018 Second Quarter Results

Thursday, 26 July 2018, 20:30 HKT/SGT

Source: CNH Industrial N.V.[1]

- Industrial Activities net sales increased 16% (up 13% on a constant currency basis) primarily driven by double-digit improvements in the Agricultural and Construction Equipment segments- Adjusted EBIT of Industrial Activities increased 44% to $571 million, with a 7.5% margin (up 1.4 percentage points). Adjusted EBITDA of Industrial Activities at $843 million, with an 11.1% margin- Adjusted net income was $397 million (a $142 million increase, or up 56%, compared to the second quarter of 2017), with adjusted diluted EPS of $0.28 (up $0.10 per share)- Net industrial debt was $1.3 billion at June 30, 2018, $0.6 billion lower than at March 31, 2018, as a result of a strong operating cash generation in the quarter (up 58% compared to the second quarter of 2017)- Full year guidance updated as follows: net sales of Industrial Activities unchanged at approximately $28 billion, adjusted diluted EPS increased to between $0.67 and $0.71 per share. Net industrial debt guidance improved to between $0.7 billion and $0.9 billion

Attachment20180726_PR_CNH_Industrial_Q2_2018 https://bit.ly/2v7Iz6i ^[2]

Topic: Earnings http://www.acnnewswire.com From the Asia Corporate News Network

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References

1. ^{^} CNH Industrial N.V. (www.cnhindustrial.com)
2. ^{^} https://bit.ly/2v7Iz6i (bit.ly)