Friday, April 26, 2019

Ford Q1 net profit falls 34% on one-time charges; shares rise

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Ford's first-quarter profit fell 34 percent to $1.15 billion, on one-time charges, but the company said it was on track to generate better results in 2019 than it did last year. Earnings before interest and taxes rose 12 percent to $2.45 billion, including a 14 percent gain in North America, behind strong light-truck sales.

https://www.autonews.com/automakers-suppliers/ford-q1-net-profit-falls-34-one-time-charges-shares-rise

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