CNH INDUSTRIAL N.V.

(CNHI)
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Fitch Ratings upgrades CNH Industrial's Long-Term Rating by two notches to BBB+

01/05/2022 | 01:30am EDT

London, January 5, 2022

CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) announces that on January 4, 2022 Fitch Ratings raised its Long-Term Issuer Default Rating (IDR) on CNH Industrial N.V. to ‘BBB+’ from ‘BBB-’. Fitch has also upgraded CNH Industrial Finance Europe S.A.’s senior unsecured rating to ‘BBB+’ from ‘BBB-'. The Outlook is Stable. The upgrade follows the demerger of Iveco Group N.V.


CNH Industrial(NYSE: CNHI / MI: CNHI) is a world-class equipment and services company that sustainably advances the noble work of agriculture and construction workers. The Company provides the strategic direction, R&D capabilities, and investments that enable the success of its five core Brands: Case IH, New Holland Agriculture and STEYR, supplying 360° agriculture applications from machines to implements and the digital technologies that enhance them; and CASE and New Holland Construction Equipment delivering a full lineup of construction products that make the industry more productive. Across a history spanning over two centuries, CNH Industrial has always been a pioneer in its sectors and continues to passionately innovate and drive customer efficiency and success. As a truly global company, CNH Industrial’s 35,000+ employees form part of a diverse and inclusive workplace, focused on empowering customers to grow, and build, a better world.

For more information and the latest financial and sustainability reports visit: cnhindustrial.com

For news from CNH Industrial and its Brands visit: media.cnhindustrial.com

Contacts:

Media Relations
Email: mediarelations@cnhind.com

Investor Relations
Email: investor.relations@cnhind.com

Attachments

  • 20220105_PR_CNH_Industrial_Fitch_Ratings
  • 20220105_CS_CNH_Industrial_Fitch_Ratings

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Source: CNH Industrial N.V.

2022 GlobeNewswire, Inc., source Press Releases

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Financials (USD)
Sales 2022 21 033 M - -
Net income 2022 1 753 M - -
Net cash 2022 50,6 M - -
P/E ratio 2022 11,2x
Yield 2022 1,99%
Capitalization 19 343 M 19 343 M -
EV / Sales 2022 0,92x
EV / Sales 2023 0,85x
Nbr of Employees 71 895
Free-Float 56,0%
Chart CNH INDUSTRIAL N.V.
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CNH Industrial N.V. Technical Analysis Chart | CNHI | NL0010545661 | MarketScreener
Technical analysis trends CNH INDUSTRIAL N.V.
Short TermMid-TermLong Term
TrendsNeutralNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 15
Last Close Price 14,28 $
Average target price 18,48 $
Spread / Average Target 29,4%
EPS Revisions
Managers and Directors
Scott Wellington Wine Chief Executive Officer & Director
Oddone Incisa della Rocchetta President-Financial Services
Suzanne Heywood Chairman
Roberto Russo Chief Legal & Compliance Officer
Léo W. Houle Senior Independent Non-Executive Director
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