Welcome to our dedicated page for CNH INDUSTRIAL N.V. news (Ticker: CNHI), a resource for investors and traders seeking the latest updates and insights on CNH INDUSTRIAL N.V. stock.
CNH Industrial N.V. (symbol: CNHI) is a global leader in the capital goods sector, renowned for its extensive industrial experience and a wide array of products. The company boasts a significant presence worldwide, with each of its brands being a major international force within their specific industrial sectors. CNH Industrial's brands include:
- Case IH, New Holland Agriculture, and Steyr for tractors and agricultural machinery
- Case and New Holland Construction for earth moving equipment
- Iveco for commercial vehicles
- Iveco Bus and Helieuz Bus for buses and coaches
- Iveco Astra for quarry and construction vehicles
- Magirus for firefighting vehicles
- Iveco Defence Vehicles for defence and civil protection
- FPT Industrial for engines and transmissions
Recently, CNH Industrial has achieved notable milestones. Case IH launched the new Axial-Flow Series 160 Automation in Brazil, incorporating advanced artificial intelligence for improved productivity. New Holland celebrated 60 years of its tractor factory in Basildon, England, by unveiling a special edition tractor and reinforcing its role as the Alternative Fuels Centre of Excellence. Furthermore, CASE presented an eco-friendly compact crawler tractor and a new wheel loader version at the M&T Expo 2024, emphasizing sustainability and efficiency.
Financially, CNH Industrial is robust, continuously investing in innovations and infrastructure, which is evident in the recent R$100 million investment in the Sorocaba plant in Brazil. The company also focuses on workforce training and technological advancements to maintain its competitive edge. Partnerships with local and international entities ensure that their products are always at the forefront of technology and efficiency.
In terms of environmental sustainability, CNH Industrial has made significant strides. The company supports World Environment Day and participates in initiatives to combat land degradation, desertification, and drought. The introduction of eco-friendly machinery, like the 100% electric mini excavators and the T6.180 Methane Power tractor, highlights their commitment to sustainability.
For more detailed information about CNH Industrial and its operations, visit their corporate website at www.cnhindustrial.com. For career opportunities, check their LinkedIn profile or the careers section on their website.
CNH Industrial has intensified its commitment to social responsibility in 2022, significantly increasing funding for social programs and cultural projects in Minas Gerais, Brazil. Over 1,250 individuals directly benefitted from these initiatives, with nearly 8,000 impacted indirectly. The company partnered with various organizations, promoting education, job creation, and cultural activities. Notably, the Young Worker Path program led to 12 students securing employment. Furthermore, CNH Industrial supported the Mano Down Institute to enhance inclusion efforts for families affected by Down's Syndrome. These initiatives reflect the company's dedication to sustainable development and community welfare.
CNH Industrial reported strong Q4 2022 results with consolidated revenues of $6,943 million, a 26.7% increase compared to Q4 2021. Net income was $592 million, resulting in a diluted EPS of $0.43. Adjusted EBIT rose to $680 million, up year-over-year by $302 million. The company generated $2,049 million in free cash flow and plans to propose a €0.36 annual cash dividend per share. Despite challenges in agricultural and construction markets, the board is optimistic about the future with a projected 6%-10% increase in net sales for 2023, driven by improved supply chain management and product innovations.
CNH Industrial has announced plans to transition from a dual stock listing to a single listing on the NYSE, effective early 2024. This decision comes after an analysis revealed a significant shift in trading activity towards the NYSE following the spin-off of its On-Highway operations in January 2022. The move aims to enhance liquidity and simplify compliance, aligning with the company’s evolving business profile and investor base. CNH Industrial has communicated its intentions to Borsa Italiana Euronext and is exploring options for a smooth transition while expressing gratitude to Euronext Milan for its decade-long support.
CNH Industrial and Lavazza recently collaborated on an innovative project that invites students to envision the future of coffee harvesting. From January 16 to February 13, six advanced design concepts created by 18 master's students from the European Institute of Design were showcased at Lavazza's headquarters in Turin. Under the mentorship of CNH Industrial's design team, students focused on developing machinery for small-scale coffee cultivation, achieving a remarkable efficiency of picking up 70% of coffee beans. This initiative highlights the importance of young designers in fostering new ideas and sustainable solutions in the agricultural sector.
CNH Industrial N.V. (NYSE: CNHI) has released its 2023 corporate calendar detailing key financial reporting dates. The company will announce its Fourth Quarter and Full Year 2022 results on February 2, 2023, followed by First Quarter results on May 5, 2023, and Second Quarter data on July 28, 2023. The Third Quarter results are expected on November 7, 2023. Additionally, the Annual General Meeting to approve the 2022 financial statements is set for April 14, 2023. Live webcasts of the earnings calls will be available on the company's website, providing stakeholders easy access to important financial insights.
CNH Industrial (NYSE:CNHI) announced that its brands, Case IH and New Holland, received the prestigious 2022 Good Design Awards. The awards recognized the Case IH Patriot® 50 series sprayer and New Holland's Straddle Tractor Concept and TK4 Methane Power tractor for their innovative designs.
The Patriot 50 series enhances productivity with advanced connectivity and integrated spray technology. Meanwhile, the Straddle Tractor combines electric traction and sustainable practices, while the TK4 runs on biomethane. These wins underline CNH Industrial's commitment to excellence in agricultural innovation.
CNH Industrial (NYSE:CNHI) has announced a minority investment in EarthOptics, a US-based ag tech firm, through its Ventures arm. This investment is part of EarthOptics' Series B funding round, aimed at enhancing their soil sensor technology that quantifies soil health through various data sources, including machine learning. The investment will help EarthOptics improve its technology and scale partnerships with agronomists and other service providers. CNH Industrial plans to pilot this technology through its Case IH brand in 2023, focusing on tillage automation and agronomic insights to support sustainable farming operations.
CNH Industrial (NYSE:CNHI) announced that its agricultural brands, Case IH and New Holland, won four ASABE AE50 awards for 2023, recognizing the most innovative products in the agriculture sector. Key award-winning products include:
- Early Riser® 2150S Front-Fold Split-Row Planter by Case IH, designed for efficient seed placement and residue management.
- New Steiger® Series Tractor Three-Point Hitch, enhancing lifting capacity to 20,000 pounds.
- 2023 Guardian™ Front Boom Sprayer by New Holland, equipped with advanced electronic controls and connectivity for better diagnostics.
- Pro-Belt™ Series Variable Chamber Round Balers improving operational efficiency for farmers.
This showcases CNH Industrial’s commitment to innovation and customer-inspired product development.
CNH Industrial (NYSE:CNHI) brand Raven is investing in STEM education by hosting Engineering Career Day, aimed at inspiring high school students to explore engineering careers. Recently, over 40 students participated in hands-on activities at the Raven Innovation Campus in Baltic, S.D. The event featured breakout sessions on Mechanical, Electrical, Data, and Software engineering, demonstrating the real-world impact of engineering. Engineering Team Lead Luke Pucket emphasized the importance of material properties in engineering through engaging demonstrations. The initiative aims to foster interest in STEM-related fields among students, showcasing diverse career opportunities.
CNH Industrial (NYSE: CNHI) has announced that its financial results for the Fourth Quarter and Full Year of 2022 will be released on February 2, 2023. A live audio webcast of the results conference call is scheduled for 3:30 p.m. CET, accessible at bit.ly/CNH_Industrial_Q4FY_2022. A replay will be available on the company's investor relations website for two weeks post-call. CNH Industrial operates globally, providing products in agriculture and construction sectors through its brands like Case IH, New Holland, and Raven, emphasizing innovation and sustainability.
FAQ
What is the current stock price of CNH INDUSTRIAL N.V. (CNHI)?
What is the market cap of CNH INDUSTRIAL N.V. (CNHI)?
What does CNH Industrial N.V. do?
Which brands are part of CNH Industrial?
What recent achievements has CNH Industrial accomplished?
What are CNH Industrial’s latest projects?
How does CNH Industrial contribute to environmental sustainability?
Where can I find more information about CNH Industrial?
What innovative technologies is CNH Industrial using?
What is CNH Industrial’s financial condition?
How is CNH Industrial involved in the agricultural sector?
What career opportunities does CNH Industrial offer?
