Share

Ford Reports Record Third-Quarter Profit of $1,6 Billion

The excellent result in the third quarter was achieved despite the sharp decline in sales in Europe - For the year-end profits are expected to be around 8,8 billion dollars - Global turnover drops by one billion dollars to 32,1 billion.

Ford Reports Record Third-Quarter Profit of $1,6 Billion

Ford announced, for the third quarter, a record profit of $1,6 billion, with the decline in sales in Europe which was offset by the strong results achieved in North America.in Europe. Profits for the end of the year are expected to be around 8,8 billion dollars, a result defined as good, but lower than last year.

Pre-tax earnings in North America grew from $1,6 billion in the same period a year earlier to $2,3 billion today, a figure that drops steeply, however, if we talk about Europe, where Ford records a loss before taxes of 468 million dollars against -306 million a year ago. Global revenue fell by one billion dollars to $32,1 billion.

comments