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CNH 1Q 2011 Revenue Increases 17%; Operating Profit up 71%

July 23, 2009 | Posted in Operations & Finance
Net Sales increase 17% to $3.8 billion • Agricultural equipment +17% to $3 billion • Construction equipment +19% to $700 million – Equipment Operations Operating Profit of $246 million, an increase of 71% •Operating Margin increased to 6.5% compared to 4.4% in Q1 2010 – EPS before exceptional items at $0.57 per share, compared to $0.16 per share in 2010
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Finance Scope is able to provide the best financing opportunities for equipment dealers and customers through a diverse mix of lending companies under one single platform. Our large group of lenders, allows for competitive rates regardless of credit scores. Additionally, dealers and customers have access to the industry’s best expertise surrounding finance and lease structures, for all purposes, within the agricultural and construction industries. We provide all of this into one online platform to provide our customers with the best available tailored finance solution for their equipment.
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