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

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

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.

Leave a Reply

Your email address will not be published. Required fields are marked *