Ford Motor reports Q2 pre-tax profit of $2.6bn | Ford Motor reports Q2 pre-tax profit of $2.6bn -
Ford

Ford Motor reports Q2 pre-tax profit of $2.6bn

: Wednesday, August 13 - 2014 @ 02:25

Ford Motor Company announced 2014 second quarter pre-tax profit of $2.6bn, its 20th consecutive profitable quarter and its best since second quarter 2011. The company also affirmed its full-year pre-tax profit guidance of $7bn to $8bn as it continues to implement its One Ford plan to deliver profitable growth for all. The company’s pre-tax profit of $2.6bn, excluding special items, was $44m higher than a year ago. After-tax earnings per share were 40 cents, excluding special items, 5 cents below a year ago. Net income for the quarter was $1.3bn, or 32 cents per share, an increase of $78m, or 2 cents, from a year ago. Net income included pre-tax special item charges of $481m. Middle East & Africa, Ford’s newest business unit, was created to better serve customers and expand in this fast-growing region. Ford is intensifying its focus and targeting opportunities for growth in the small, mid-size and large vehicle segments.

Today's Top Stories

Posted by

Wednesday, August 13- 2014 @ 2:25 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

AME Info Services







Business DirectoryVIEW ALL

Search by name

Search by industry

Browse alphabetically





JobsVIEW ALL

Search for jobs

Latest Jobs