CNH accelerates downwards in Piazza Affari after having released its 2013 accounts, which show a trading profit of two billion and revenues of 25,8 billion.
Half an hour after the closing, the shares of the industrial vehicle company lost about three and a half points, with shares trading at 7,93 euros. The market especially did not like the projection of industrial debt for 2014, between 1,5 and 1,7 billion.
At the end of 2013, net industrial debt stood at 1.592 million euros (1.642 million euros at December 31, 2012).
The group's available liquidity amounted to €6,3 billion (€6,2 billion as at 31 December 2012). The note specifies that the results refer to the CNH Industrial group after the merger between Fiat Industrial and CNH Global, completed on September 29, 2013.
