FCA doubled in 2017 and debt halved

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Fiat Chrysler Automobiles FCA, presented the accounts of the 2017 . Which are to be considered positive. The ultile compared to 2016 is almost doubled (+ 93%). Arrived at 3.51 billion euros .

FCA in 2017: almost 5 million vehicles

I revenues remained similar 110.93 billion (+ 1%) . As also the deliveries. FCA which includes Abarth Alfa Romeo Chrysler Dodge Fiat Fiat Professional Jeep Lancia Maserati Mopar Ram Trucks SRT sold, including joint ventures 4.74 million vehicles .

Fundamental issue, the reduction of net industrial indebtedness . The Ebit (Earnings Before Interest and Taxes) EBITDA improved by 16% (EUR 7.05 billion). The debt industrial was halved : now it is at 2.39 billion euros compared to 4.59 billion in 2016.

The numbers for the 2018 are presented as positive. Profit at € 5 billion, Ebit at 8.7 and net liquidity at € 4 billion. Marchionne can be satisfied. The new models will be presented by the manger with the business plan 2018-2022 which will present on 1 June in Balocco.