Fiat Chrysler Automobiles (FCA) is the seventh largest manufacturer of cars in the world however still not just find the correct way to make shadow rivals and climbing positions. Currently the Group Italian American is restructuring its brands (again) and in this way is renewing and launching new models to its sales continue to grow and improve its financial situation.
These days, FCA has presented its financial results for the fourth quarter of last year 2016. In them we see that four-quarter earnings have increased about 1 percent before interest and taxes. This amount can seem very little, but is it enough to demonstrate that FCA is in the road right for generate benefits and begin its recovery economic.
To stone this way he has worked to improve the profitability of all the firms of the group. According to FCA the profitability of the Group has improved in all markets in which it is available. In the United States its profit margin before interest and taxes has risen by 7.4 percent in 2016 to increase a point compared to the past 2015.
This growth has allowed that the revenue of the group in this market have increased by 15 per cent despite the fact that sales it seems that they are stalling. In addition, should take into account that one of the brands that is allowing the growth of the benefits of FCA is Maserati (aside from Jeep). The signing of the Trident is increasing its sales thanks to the launch of, among other models, SUV lift and therefore from the group will continue injecting money so that it continues its growth.
All these efforts are aimed to eliminate the bulky debt which currently has FCA. According to Sergio Marchionne debt should be half of which currently have the year 2019 facing (now that the CEO of FCA is jubilaría). This will run between major investments to improve their factories located in United States as well as attempts to make Donald Trump does not interfere in its business interests.
Source – Fiat Chrysler Automobiles (FCA)
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