Further performance figures released by the globally renowned company, whose Construction Equipment division contains the highly successful
Operating profit of Industrial Activities was $376 million for the quarter ($389 million in Q4 2013), with an operating margin at 4.7% (up 0.4 p.p.). For the full year operating profit of Industrial Activities was $1.988 billion ($2.095 billion in 2013). Operating margin stood at 6.4%, flat year on year.
Meanwhile, CNH Industrial net income was $87 million (or $0.06 per share) for Q4 2014 and $708 million (or $0.52 per share) for the full year. Net income before restructuring and other exceptional items was $167 million (or $0.12 per share) for the quarter and $940 million (or $0.69 per share) for the full year, up $50 million compared to Q4 2013 and down $7 million for the full year.
For 2015 CNH Industrial expects net sales of Industrial Activities of approximately $28 billion, with operating margin of Industrial Activities between 6.1% and 6.4%. Net industrial debt in 2015 is expected to be between $2.2 billion and $2.4 billion.