Steady start for CNH Industrial

11 May 2014

CNH Industrial's first quarter 2014 revenues totalled US$7.54 billion (€5.47 billion), compared to its first quarter 2013 figures of US$7.51 billion (€5.45 billion).

Operating profit for industrial activities for the quarter was US$412 million (€300 million), down from US$421 million (€305 million) for the same period in 2013.

Net income was US$101 million (€73 million), down 11% on 2013’s US$111 million (€80 million).

Net sales for Construction Equipment, which includes Case Construction and New Holland Construction, were US$774 million (€562 million) for the quarter, up 2.7% as industry unit demand increased in every region except Latin America.

The geographic distribution of net sales for the period was 38% for North America; 20% Europe, Middle East & Africa; 31% Latin America; and 11% for Asia Pacific.

Construction Equipment reported an operating profit of US$3 million (€2.2 million) compared to a US$26 million (€19 million) loss for the first quarter of 2013.

Latest News
TCNA success in Nashville
Almost 300 attendees at the Tower Cranes North America conference helped make it a great event
First Spierings crane in Italy goes to Pizzolato
Pizzolato takes first unit of Dutch manufacturer’s mobile folding cranes
Bernhard Kahn joins Hematec
Director for Germany and Austria has previously worked at Snorkel and Genie