Ford achieve five years for the first time earnings net profit billion
Before Ford Motor Company announced: 2009 year pre-tax operating profit 4.54 million (excluding special items), compared with the previous year increase 73 billion. The companies indicated that, in 2010, excluding special items, Ford North America, the automobile business and company as a whole is expected to achieve full-year pre-tax profits, and business related cash flow positive.
Ford announced the implementation of annual net profits to 27 billion, or 86 cents per share, which in part attributable to favorable pricing, structural cost reduction, debt reduction measures of net income, as well as the Ford credit's strong financial performance. This marks the company since 2005, the first full-year earnings, compared with the 2008 US $ 175.
"Although our future in a business environment still face enormous challenges, but Ford, 2009 is a crucial year that took out the strongest evidence to date that we ' a Ford ' ' plans are being made, also marked by the concerted efforts of the team, taking full advantage of our global scale, we are opening up a path to profitable growth path. "Ford CEO Alan ・ Murali said," we in the world providing consumers with superior products, enhance operations, and help the world a better place. ”
[Edit: sunnyma]