2014 for CNH Industrial is on file, which closed with revenues and margins down on 2013 and lower than analysts' expectations. Indeed, in the year considered, revenues dropped by 4,5% to 31,198 billion, while the operating profit of industrial activities fell by 5% to 1,988 billion. The operating margin of industrial activities on turnover was equal to 6,4%.
Particularly negative, in the annual comparison, the performances recorded in the fourth quarter: in the last three months of the year, in fact, revenues experienced a drop of 10,9% to 8,018 billion in the fourth quarter, while profits fell by 13% to 376 million. For 2015, the company forecasts net revenues from industrial activities at 28 billion, margin at 6,1-6,4%. Despite the lower results, the coupon remains stable at 20 cents.
Meanwhile, the share of the company chaired by Sergio Marchionne falls on the stock market, dropping almost 2% in the early afternoon.
