CNH Industrial reported consolidated revenues of $5.6 billion, net income of $361 million and adjusted net loss of $85 million
30.07.2020 15:50 "Agro Perspectiva" (Kyiv) —
CONSOLIDATED RESULTS Consolidated revenues of $5.6 billion in the second quarter of 2020, down 26% compared to the second quarter of 2019 (down 23% at constant currency) Reported net income of $361 million (or $0.26 per share) in the second quarter of 2020 including a gain of $1,475 million from the remeasurement to fair value of the investment in Nikola Corporation (NKLA), partially offset by $840 million of non-cash impairment charges primarily related to the goodwill allocated to Construction, as well as asset optimization charges of $282 million, mainly as a result of the adverse COVID-19 impacts on used trucks final markets in Europe Adjusted net loss of $85 million in the second quarter of 2020 compared to adjusted net income of $430 million in the second quarter of 2019 Adjusted diluted earnings per share loss of $0.07 in the second quarter of 2020 compared to adjusted diluted earnings per share of $0.31 in the second quarter of 2019 On June 15, Fitch Ratings («Fitch») affirmed CNH Industrial N. V. and CNH Industrial Capital LLC’s long-term issuer default rating at «BBB-» and changed the outlook to stable from positive INDUSTRIAL ACTIVITIES Net sales of $5.2 billion in the second quarter of 2020, down 27% compared to the second quarter of 2019 (down 24% on a constant currency basis), due to severe adverse COVID-19 impacts on supply chain and market conditions across all regions and segments Adjusted EBIT(2)(3) loss of $58 million in the second quarter of 2020 compared to adjusted EBIT of $527 million in the second quarter of 2019, strongly impacted by industry demand disruption, negative absorption caused by plant shutdowns and other actions to lower inventory levels, only partially offset by reduced selling, general and administrative expenses and deferral of certain research and development expenses not related to new product launches Net debt at June 30, 2020 of $2.3 billion, in line with March 31, 2020 despite the adverse impacts of COVID-19, as a result of positive free cash flow of $97 million and a variety of cash preservation measuresCOVID-19 RELATED MATTERS All plants and depots resumed activities in May 2020, with safety protocols in place Continued social distancing rules in place with a gradual return to the office for employees who are able to work from home Continued support to communities Financial Services offered payment deferrals and debt rescheduling to the Company’s customers and dealers
13.01.2021 |
|
 |
 |
|
 |
17:25 |
China Demand and Global Supply Concerns Drive U.S. Soybean Price Higher |
 |
16:30 |
China Meat Consumption Expected to Rebound in 2021 |
 |
10:50 |
Despite Grain Export Restrictions, Russia to Reclaim Top Wheat Export Position |
31.12.2020 |
|
 |
 |
|
 |
16:37 |
2020 in review: Focus on staff well-being drives FAO forward |
 |
15:36 |
Sustainability’s influence on chocolate purchase decisions continues to grow, Cargill study finds |
 |
13:35 |
Malaysia. Palm oil (CPO) production forecast - 19.6 million MT |
28.12.2020 |
|
 |
 |
|
 |
15:09 |
Serbia’s total area wheat crop is estimated at 600,000 ha |
 |
14:10 |
India. Winter temperatures this coming December through February, along with precipitation will be critical |
24.12.2020 |
|
 |
 |
|
 |
17:15 |
Make #NotWasting food a personal resolution |
 |
16:15 |
Two cases of HPAI on duck farms in France threatening the foie gras industry |
22.12.2020 |
|
 |
 |
|
 |
21:25 |
Philip Morris files suit against Ukraine in intl investment arbitration due to AMCU penalty |
 |
21:00 |
FAO moves to scale up response to Fall Armyworm as pest continues to spread |
17.12.2020 |
|
 |
 |
|
 |
17:15 |
Global Environment Facility approves over $78 million to support FAO-led projects |
 |
16:38 |
Desert Locust upsurge continues to threaten food security in Horn of Africa and Yemen despite intense efforts |
11.12.2020 |
|
 |
 |
|
 |
15:55 |
India Tariff Cut Boosts Palm Oil Imports |
 |
13:31 |
Global Wheat Prices Supported by Record Global Imports |
08.12.2020 |
|
 |
 |
|
 |
13:00 |
Jose Carlos Corral Montilla appointed to Managing Director of BTC Europe |
 |
12:10 |
Chile. Avocado exports will reach 145,000 MT, assuming planted area and productivity remain unchanged |
07.12.2020 |
|
 |
 |
|
 |
15:30 |
Cargill, IFPEN and Axens collaborate to advance lactic-to-acrylic-acid technology |
04.12.2020 |
|
 |
 |
|
 |
14:15 |
World 2020 cereal production forecast reduced further |
 |
13:50 |
FAO Food Price Index rises sharply |
 |
13:25 |
EBRD supports Ukrainian pet food producer Kormotech |
03.12.2020 |
|
 |
 |
|
 |
16:10 |
Thailand: Rice export prices increased 1-3 percent |
 |
16:05 |
FAO and partners advocate for inclusive food systems to combat rural poverty |
01.12.2020 |
|
 |
 |
|
 |
14:05 |
Draft state budget for 2021 submitted to Rada for consideration at second reading |
30.11.2020 |
|
 |
 |
|
 |
15:10 |
Belgian Regains African Swine Fever-Free Status |
29.11.2020 |
|
 |
 |
|
 |
01:20 |
HPAI Detected in Commercial Turkey Flock in Sweden |
25.11.2020 |
|
 |
 |
|
 |
13:50 |
Poland has been the EU’s largest turkey meat producer since 2017 |
 |
12:01 |
Global 2020/21 Sugar Production is Estimated Higher United States, India, and Brazil Up 10 to 40 Percent |
 |
10:50 |
HPAI Detected in Commercial Flock in Denmark |
23.11.2020 |
|
 |
 |
|
 |
17:10 |
FAO urges G20 to support farmers, protect the vulnerable and invest in innovation |
18.11.2020 |
|
 |
 |
|
 |
17:00 |
Decline of Ukraine's GDP slows to 3.5% in Q3, 2020 – statistics |
 |
16:35 |
Bulgarian grain trading has been slower than the previous season |
12.11.2020 |
|
 |
 |
|
 |
12:21 |
Bosch and BASF establish joint venture for digital technologies in the agricultural sector |
 |
08:50 |
Lower Sunflower Seed Production in Ukraine and Russia Tightens Global Oilseed Supplies |
10.11.2020 |
|
 |
 |
|
 |
17:00 |
Global almond production for 2020/21 is forecast 15 percent higher to 1.7 MMT |
09.11.2020 |
|
 |
 |
|
 |
10:48 |
Despite a cut in world cereal production, this year’s forecast output remains an all-time high |
08.11.2020 |
|
 |
 |
|
 |
14:50 |
Global food prices continue rising in October |
05.11.2020 |
|
 |
 |
|
 |
12:15 |
BASF and TECNALIA accelerate R&D of new crop protection products through digitalization |
03.11.2020 |
|
 |
 |
|
 |
17:00 |
Scrapie Identified in Sheep in Iceland |
 |
16:35 |
National budget receipts target met by 109.8% in Oct – Treasury |
28.10.2020 |
|
 |
 |
|
 |
17:00 |
European Bank for Reconstruction and Development and FAO approve COVID-19 technical support package |
 |
16:45 |
2020 EU milk deliveries will grow by one percent |
27.10.2020 |
|
 |
 |
|
 |
16:41 |
Pork. Global productionisforecast 4 percent higher in 2021 due to rebounding output in countries affected by ASF |
26.10.2020 |
|
 |
 |
|
 |
17:00 |
FAO and OIE kickstart global initiative to stop spread of deadly pig disease |
 |
16:50 |
KWS Group achieved an approximately 15% increase in net sales to ˆ1.28 billion in fiscal 2019/2020 |
 |
16:35 |
NBU keeps key policy rate at 6% |
23.10.2020 |
|
 |
 |
|
 |
13:00 |
Cargill invests to promote circular economy with its first multi waste- and residues-based biodiesel plant |
21.10.2020 |
|
 |
 |
|
 |
13:55 |
International prices of wheat and maize rose sharply in September but those of rice edged down |
20.10.2020 |
|
 |
 |
|
 |
20:45 |
ACC insists on early adoption of law on govt bond issue for settlements with 'green' energy |
Also available:

|