Yuriy Ukazkin
American car manufacturer Ford Motor Co has summed up its results for the 4th quarter of 2012, according to which its net profit has reduced in 8.5 times to 1.598 bln.dollars, in other words, by 0.40 dollars per share. One year ago the company’s profit used to amount to 13.615 bln.dollars or 3.40 dollars per share.
Excluding the non-recurrent profit form tax assets, the car manufacturer’s net profit for the period of October-December 2011 amounted to 1.033 bln.
“Market Leader” journalists have specified that Ford Motor’s pretax profit has increased from 1.1 bln.dollars to 1.68 bln.dollars, which has then been the highest point since 1999. Ford’s quarterly receipt has risen from 34.6 bln.dollars to 36.5 bln.dollars.
According to analytic predictions, the average pretax profit of the car manufacturer was supposed to amount to 33.45 bln.dollars or 0.25 dollars per share.
According to last year results, Ford has reduced its income and receipt due to lower sales in Europe. This year, as stated by the company’s representatives, receipt is supposed to remain at the level of 2012.
Annual receipt of Ford Motor Co has dropped by 1.5 percent, to 134.3 bln.dollars.
Yuriy Ukazkin
