Company Website:
http://corporate.ford.com/
DEARBORN, Mich. -- (Business Wire)
Ford Motor Company (NYSE: F) today reported its 2016 first quarter
financial results. Visit media.ford.com
to view the news release and visit http://www.shareholder.ford.com
to view the slide presentation and access the webcast to Ford’s earnings
call, which begins at 9 a.m. EDT with Mark Fields, president and chief
executive officer, and Bob Shanks, executive vice president and chief
financial officer.
This Smart News Release features multimedia. View the full release here:
http://www.businesswire.com/news/home/20160428005757/en/
Ford Motor Company delivered its best quarter ever with a first quarter pre-tax profit of $3.8 billion and net income of $2.5 billion. (Photo: Business Wire)
Highlights include:
-
Record quarterly pre-tax profit of $3.8B, up $2.1B; net income of
$2.5B, up $1.3B; after-tax earnings per share of $0.68, excluding
special items, up $0.39 from a year ago
-
Strong Automotive operating-related cash flow of $2.7B, a first
quarter record
-
Record Automotive pre-tax profit of $3.3B, up $2.0B; Automotive
operations outside North America profitable in total
-
Record Automotive operating margin of 9.8 percent
About Ford Motor Company
Ford
Motor Company is a global automotive and mobility company
based in Dearborn, Michigan. With about 201,000 employees and 67 plants
worldwide, the company’s core business includes designing,
manufacturing, marketing, financing and servicing a full line of Ford
cars, trucks, SUVs and electrified vehicles, as well as Lincoln luxury
vehicles. At the same time, Ford is aggressively pursuing emerging
opportunities through Ford Smart Mobility, the company’s plan to be a
leader in connectivity, mobility, autonomous vehicles, the customer
experience, and data and analytics. For more information regarding Ford,
its products worldwide or Ford Motor Credit Company, visit www.corporate.ford.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160428005757/en/
Contacts:
Media Inquiries:
Whitney Eichinger,
1-313-390-5565
weiching@ford.com
or
Equity
Investment Community:
Erik Eliason, 1-313-594-0613
fordir@ford.com
or
Fixed
Income Investment Community:
Stephen Dahle, 1-313-621-0881
fixedinc@ford.com
or
Shareholder
Inquiries:
1-800-555-5259 or 1-313-845-8540
stockinf@ford.com
Source: Ford Motor Company
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