FCA Q2 with Net profit up 69%
FCA closed Q2 with Net profit at €333 million, up 69%.
LONDON, July 30, 2015
Worldwide shipments were 1.2 million units, in line with Q2 2014, reflecting strong performance in NAFTA and EMEA, partly offset by continued weak market conditions in LATAM. Jeep's positive performance continued with worldwide shipments up 27%.
Net revenues increased 25% to €29.2 billion.
Adjusted EBIT1 was €1,525 million, up 58% from €968 million in Q2 2014, with increases in NAFTA and EMEA, partially offset by decreases in LATAM and APAC. NAFTA margin improved to 7.7%.
Adjusted net profit2 was €450 million, more than doubling compared to €204 million in Q2 2014.
Net industrial debt was €8.0 billion, down €0.6 billion from March 31, 2015. Liquidity remained strong at €25.4 billion.
The Group revised upwards its full-year guidance.
Nitro Year: 2007 (1 of 91,815 sold in 07)
Nitro Model: R/T 4X4 Stone White
CAT-BACK Exhaust, CAI, Projector Head Lamps
Fully-Equipped w/all factory options