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 N.V. (NYSE: CNHI) announced the pricing of $500 million in 3.950% notes due 2025 through its subsidiary, CNH Industrial Capital LLC. The offering, expected to close on May 23, 2022, will utilize proceeds for general corporate purposes, including working capital and debt repayment. The notes are senior unsecured obligations, maturing on May 23, 2025, with interest payments scheduled semi-annually. Underwriters include Citigroup and Goldman Sachs, among others. This offering follows a shelf registration statement filed with the SEC.
CNH Industrial N.V. (NYSE: CNHI) announced that its subsidiary, CNH Industrial Capital LLC, plans to offer new notes, pending market conditions. The offering aims to enhance working capital and support corporate needs, including asset purchases and debt repayments. The notes will be guaranteed by two additional subsidiaries. Citigroup, Deutsche Bank, Goldman Sachs, and SG Americas are leading the offering, which follows an effective shelf registration statement with the SEC.
CNHI reported solid Q1 2022 results with consolidated revenues of $4.6 billion, a 13.4% increase from Q1 2021. Net income stood at $336 million, while adjusted net income reached $378 million with adjusted diluted EPS of $0.28. Despite supply chain disruptions causing a seasonal cash outflow of $1.1 billion, order books surged 40% in agriculture and 80% in construction. Adjusted gross margin improved to 22.2%, reflecting favorable product mix and price realization. The company maintains its 2022 guidance despite macroeconomic challenges.
Raven Engineered Films, based in
CNH Industrial (NYSE: CNHI) has successfully sold its Raven Engineered Films Division to Industrial Opportunity Partners for $350 million, subject to closing adjustments. This division, based in Sioux Falls, South Dakota, specializes in engineered polymer films for various critical applications, promoting sustainability. The transaction, completed on April 29, 2022, is a strategic repositioning following CNH's acquisition of Raven Industries.
Goldman Sachs and Barclays acted as financial advisors, while Wachtell, Lipton, Rosen & Katz provided legal support.
CASE Construction Equipment and CASE Power & Equipment of Florida supported a recent Disaster Training Camp in Florida, training 26 sawyers and heavy equipment operators for disaster response. The event, run by Team Rubicon, prepared volunteers for real-world disaster scenarios while improving the Boy Scouts camp site. Participants trained on CASE loaders and grapple buckets, enhancing disaster cleanup skills critical after tornadoes and hurricanes. This initiative aligns with CASE's commitment to community support and disaster relief, showcasing their partnership with Team Rubicon, active since 2015.
Raven Aerostar has partnered with Abside Networks to showcase a 4G LTE connectivity solution from 70,000 feet, aiming to assist underserved and disaster-affected communities. Their Thunderhead Balloon System effectively provided internet access during test flights, delivering up to 23 Mbps downlink and 6 Mbps uplink. The technology can maintain stable connections with standard cellular devices and can be deployed rapidly, remaining in place for weeks utilizing solar power. This collaboration enhances Raven's capabilities in restoring critical communications in crisis situations.
CNH Industrial (NYSE: CNHI) will release its First Quarter 2022 financial results on May 3, 2022. A live audio webcast of the conference call will start at 3:30 p.m. CEST. Interested parties can access the webcast at bit.ly/CNH_Industrial_Q1_2022. A replay will be available for two weeks post-call in the Investors section of the corporate website.
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?
