Cookie Consent by Free Privacy Policy website Group Results for Second Quarter 2017
july 27, 2017 - FCA Corporate

Group Results for Second Quarter 2017

FCA reports record second quarter Adjusted EBIT of €1.9 billion, up 15%, margin up 90 bps to a record 6.7%; Adjusted Net Profit up 52% to €1.1 billion and Net Profit more than tripled to €1.2 billion. Full- year guidance is confirmed.

  • Worldwide combined shipments(1) of 1,225 thousand units, down 1%
  • Net revenues of €27.9 billion, in line with Q2 2016 (down 2% at constant exchange rate, or CER)
  • Adjusted EBIT of €1,867 million, up 15%, mainly driven by Maserati with all segments profitable
  • Record Group margin of 6.7%. All segments improved margins with record NAFTA margin at 8.4% and Maserati at 14.2%
  • Adjusted net profit of €1,080 million, up 52%; Net profit of €1,155 million, up 260%
  • Net industrial debt of €4.2 billion, down €0.9 billion from Q1 2017, driven by cash flow from operations
  • Liquidity strong at €20.0 billion, after planned gross debt reduction of €1.4 billion in quarter 
 

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