Brief: CNH Industrial Q2 Adj. Ebit From Industrial Activities Up To USD 822 Mln

CNH Industrial NV

28/07/2023 12:37

July 28 (Reuters) - Cnh Industrial  CNHI.MI :
    * Q2 REVENUES FROM INDUSTRIAL ACTIVITIES USD 5.95 BILLION
VERSUS
USD 5.61 BILLION YEAR AGO
    * Q2 NET INCOME USD 710 MILLION VERSUS USD 552 MILLION YEAR
AGO
    * Q2 ADJUSTED EBIT FROM INDUSTRIAL ACTIVITIES USD 822
MILLION
VERSUS USD 654 MILLION YEAR AGO
    * Q2 ADJUSTED DILUTED EPS AT 0.52 USD
    * CONFIRMS OUTLOOK FOR 2023 FOR INDUSTRIAL ACTIVITIES
    * NET CASH USED BY OPERATING ACTIVITIES OF USD 139 MILLION
    * INDUSTRIAL FREE CASH FLOW GENERATION OF USD 386 MILLION IN
Q2
    * IN THE THREE MONTHS ENDED JUNE 30, 2023, LOSS OF USD 17
MILLION
RELATED TO THE SALE OF CNH INDUSTRIAL RUSSIA

Further company coverage:  CNHI.MI 

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