FCA 2017 results. FCA reports record results with Adjusted EBIT up 16% to €7.1 billion and margin at 6.4%, up 90 bps, Adjusted Net Profit up 50% to €3.8 billion, Net Profit up 93% to €3.5 billion. Net Industrial Debt nearly halved to €2.4 billion. 2018 Guidance confirms Business Plan key targets.

  • Worldwide combined shipments(1) of 4,740 thousand units, in line with prior year
  • Net revenues of €111 billion, in line with 2016 (up 1% at constant exchange rates, or CER)
  • Adjusted EBIT of €7.1 billion, up 16% (up 19% at CER); continued profitability in all segments with year-over-year improvement
  • Group margin of 6.4%, up 90 bps; improved margin in all segments
  • Adjusted net profit of €3.8 billion, up 50%; Net profit of €3.5 billion, up 93% including net charges of €0.1 billion for U.S. tax reform
  • Net industrial debt of €2.4 billion, improved by €2.2 billion

FCA 2017 results

ADJUSTED EBIT

  • Improved product mix contributed to record results
  • NAFTA Adjusted EBIT margin up 50 bps to 7.9%, Maserati up 410 bps to 13.8%, Components up 70 bps to 5.3%
  • LATAM improved €146 million and EMEA up 36% to €735 million
  • Adjusted EBIT excludes net pre-tax gains of €576 million(2)