CNH Industrial Reports Increase in Construction Equipment Sales

October 31, 2014

CNH Industrial N.V. reported consolidated 3Q revenue of $7.7 billion, down from $8.2 billion in 2013. Net income fell from $275 million to $162 million.

Net sales of Industrial Activities were $7.4 billion, down 6 percent from 2013. Sales of construction equipment were up 14.7 percent to $841 million in 3Q.

Operating profit for Industrial Activities was $522 million, down 12.9 percent.  Construction equipment operating profit was $39 million, up from a $31 million loss in 3Q 2013.

Full financials and further detail are available at the company’s website.