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FCA announces net profit of 528 mn euros

Italian-American carmaker had 26.6 bn euro net revenue

Redazione Ansa

(ANSA) - Turin, April 26 - Fiat Chrysler Automobiles (FCA) on Tuesday presented record financial results for the first quarter of 2016, with adjusted net profit of 528 million euros, 497 million higher euros than the same period last year.
    The Italian-American carmaker announced net revenues of 26.6 billion euros, 3% higher than in the first quarter of 2015.
    There were worldwide shipments of 1,086,000 vehicles, in line with the same period last year. The company also confirmed its targets for 2016 - net revenues of over 110 billion euros, adjusted net profit of over 1.9 billion euros and net industrial debt of under five billion euros.
   

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