Ford Motor Company (F) announced that its fitness initiatives are driving an improved outlook. The company is now targeting an 8 percent adj. EBIT margin in 2020, two years earlier than previously anticipated. Ford is also targeting return on invested capital to substantially increase by 2020. The accelerated 2020 targets are enabled by $11.5 billion of cost and efficiency opportunities that span the entire company and include engineering, marketing and sales, manufacturing, material cost and IT.
from RTT - Earnings https://ift.tt/2I11ZQr
via IFTTT
No comments:
Post a Comment