25 January 2018

FCA - 2017 full year and fourth quarter results

 

CA reports record results with Adjusted EBIT up 16% to €7.1 billion and margin at 6.4%, up 90 bps, Adjusted Net Profit up 50% to €3.8 billion, Net Profit up 93% to €3.5 billion. Net Industrial Debt nearly halved to €2.4 billion. 2018 Guidance confirms Business Plan key targets.

  • Worldwide combined shipments(1) of 4,740 thousand units, in line with prior year

  • Net revenues of €111 billion, in line with 2016 (up 1% at constant exchange rates, or CER)

  • Adjusted EBIT of €7.1 billion, up 16% (up 19% at CER); continued profitability in all segments with year-over-year improvement

  • Group margin of 6.4%, up 90 bps; improved margin in all segments

  • Adjusted net profit of €3.8 billion, up 50%; Net profit of €3.5 billion, up 93% including net charges of €0.1 billion for U.S. tax reform

  •  Net industrial debt of €2.4 billion, improved by €2.2 billion 

 

Here the full text of the Press Release

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