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
14.12.2025 |
|
 |
|
|
 |
20:32 |
France, Germany, Spain, and Italy Lead EU Crop Production in 2024 |
10.12.2025 |
|
|
|
|
|
20:21 |
EBRD and EU support a EUR100 million affordable housing initiative to support Ukraine’s recovery |
06.12.2025 |
|
|
|
|
|
08:31 |
EBRD backs green transport upgrade for Cherkasy, Ukraine |
19.11.2025 |
|
|
|
|
|
06:43 |
Autumn 2025 Economic Forecast shows continued growth despite challenging environment |
|
05:25 |
Disasters cost global agriculture $3.26 trillion over three decades, FAO report reveals |
|
05:23 |
Nitrogen management takes a major step forward in Europe. NitroScope project launches in Ghent |
|
02:57 |
Global sugar trade in 2025/26 forecasted at 65.2 million tonnes – FAO |
|
02:45 |
Global Wheat Production Set to Reach Record Level in 2025 |
17.11.2025 |
|
|
|
|
|
19:34 |
International support for Ukraine demonstrated through major rail contract |
15.11.2025 |
|
|
|
|
|
16:35 |
EBRD finances new private peak energy generation and storage capacity in Ukraine |
14.11.2025 |
|
|
|
|
|
14:59 |
EBRD supports food and beverage security in Ukraine with EUR11 million loan to Karpaty Mineral Water |
|
14:57 |
EBRD extends new guarantee to ProCredit Bank Ukraine to unlock extra EUR200 million in lending |
|
14:51 |
EBRD and IFC co-invest in Dragon Capital’s Rebuild Ukraine Fund |
28.10.2025 |
|
|
|
|
|
08:27 |
Supply of cattle to processing enterprises decreased. Pig supplies increased |
23.10.2025 |
|
|
|
|
|
23:47 |
Commission mobilises ˆ50 million in emergency support to farmers in Bulgaria, Hungary, Latvia, Lithuania, Poland and Romania |
|
23:43 |
Commission proposes measures to support generational renewal in agriculture to secure Europe's food, farming and rural future |
17.10.2025 |
|
|
|
|
|
22:05 |
Andrew MacPherson to be appointed CEO of Teys beef processing business |
16.10.2025 |
|
|
|
|
|
17:07 |
FAO marks World Food Day and 80 years of collective action for a better future |
07.10.2025 |
|
|
|
|
|
06:23 |
World Cotton Day. 7 October. Key messages |
|
06:00 |
Global cotton production is expected to grow by 1.3% annually, primarily driven by yield improvements, reaching 29.5 Mt by 2034 |
05.10.2025 |
|
|
|
|
|
22:03 |
FAO Food Price Index declined slightly in September |
|
20:22 |
Cereal markets remain well supplied, with a positive outlook for the short term |
28.09.2025 |
|
|
|
|
|
15:31 |
HIGHLIGHTS: EU exports remained stable in the first half of 2025, while import prices increased |
26.09.2025 |
|
|
|
|
|
14:26 |
New FAO report assesses progress towards food and agriculture SDG indicators |
|
10:49 |
EBRD lowers Ukraine 2025 growth forecast to 2.5 per cent |
|
07:40 |
Turkey Stone Fruit Exports Forecast to Fall After Spring Frosts |
24.09.2025 |
|
|
|
|
|
14:08 |
EBRD supports Ukraine’s agribusiness sector |
17.09.2025 |
|
|
|
|
|
19:27 |
Sudan: FAO moves to protect 9.4 million livestock in nationwide vaccination campaign |
14.09.2025 |
|
|
|
|
|
11:57 |
Global oilseeds production is raised this month on higher soybean production in Ukraine - USDA |
|
10:14 |
Global Raspberry Market Under Pressure Amid Weather Extremes, Rising Costs, and Shifting Yields |
13.09.2025 |
|
|
|
|
|
16:18 |
Improved prospects for coarse grains put global cereal production in 2025 forecast at all-time high |
|
10:30 |
U.S. Corn Exports Forecast at Back-to-Back Records |
26.08.2025 |
|
|
|
|
|
14:47 |
BASF and Yara end joint project for low-carbon ammonia at U.S. Gulf Coast |
|
07:48 |
Famine confirmed for first time in Gaza |
15.08.2025 |
|
|
|
|
|
19:55 |
The global oilseeds production forecast is lowered this month |
14.08.2025 |
|
|
|
|
|
17:29 |
EBRD lends EUR500 million to Ukraine gas company for emergency supplies |
13.08.2025 |
|
|
|
|
|
08:49 |
Indonesia Soybean Meal Imports Grow on Increased Feed Demand |
12.08.2025 |
|
|
|
|
|
21:21 |
European Union Wheat Imports Decline on Larger Supplies |
09.08.2025 |
|
|
|
|
|
06:26 |
FAO Food Price Index edges up in July |
08.08.2025 |
|
|
|
|
|
23:04 |
Farmers to get compensation of up to 80% of breeding animals cost, up to 25% for building farms |
04.08.2025 |
|
|
|
|
|
13:47 |
MHP has successfully closed the transaction to acquire over 92% stake in Grupo UVESA |
30.07.2025 |
|
|
|
|
|
08:24 |
BASF Group in second quarter 2025: Sales almost at prior-year quarter level on slight volume growth; EBITDA before special items slightly lower |
|
01:08 |
Cargill to acquire Mig-Plus, expanding animal nutrition business in Brazil |
15.07.2025 |
|
|
|
|
|
22:32 |
EU agri-food imports rose to EUR 48.1 billion in the first quarter of 2025 |
14.07.2025 |
|
|
|
|
|
10:01 |
EU agri-food trade remained strong in the first quarter of 2025. Exports grew by 3% compared to 2024 and reached EUR 59.7 billion |
12.07.2025 |
|
|
|
|
|
16:33 |
Major Ukrainian employers commit to people-centred business practices with first Human Capital Resilience Charter |
|
16:31 |
EBRD supports decentralisation of Ukraine power generation |
|
09:15 |
North Africa Shifts Toward Black Sea Supplies for Wheat Imports |
11.07.2025 |
|
|
|
|
|
19:40 |
EU expands support for Ukraine with new financing of almost EUR600 million for energy, transport and business resilience |
|
19:35 |
EBRD, the EU and partners announce plan to boost renewables in Ukraine |
Also available: 
|
