Ford Pro, Ford Blue Drive Solid Second-Quarter Results
July 28, 2023
July 28, 2023
DEARBORN, Michigan, July 28 (TNSres) -- Ford Motor issued the following news release:
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Company Raises Expectations for Full-Year 2023 Profitability
* Revenue increases 12% year-over-year to $45 billion; net income ($1.9 billion) and adjusted EBIT ($3.8 billion) also higher; cash and liquidity persistently strong
* Appeal of Ford Pro to commercial customers produces 22% revenue growth; EBIT more than doubles to $2.4 billion, a 15% margin; s . . .
* * *
Company Raises Expectations for Full-Year 2023 Profitability
* Revenue increases 12% year-over-year to $45 billion; net income ($1.9 billion) and adjusted EBIT ($3.8 billion) also higher; cash and liquidity persistently strong
* Appeal of Ford Pro to commercial customers produces 22% revenue growth; EBIT more than doubles to $2.4 billion, a 15% margin; s . . .