Tuesday, April 26, 2016

Fiat Chrysler Q1 Adj. EBIT Nearly Doubles; Confirms Full-year Guidance

Fiat Chrysler Automobiles N.V. (FCAU) reported that its firs-quarter adjusted EBIT Increased 97% to 1.38 billion euros, driven by increased margins in NAFTA and EMEA. Group adjusted EBIT margin nearly doubled to 5.2% from 2.7%. Adjusted net profit increased to 528 million euros from 31 million euros, prior year, driven by strong operating performance. Adjusted EPS was 0.338 euros compared to 0.016 euros.

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