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. (NYSE: CNH) generates a steady flow of news across agriculture, construction, technology and finance. As an equipment, technology and services company, it issues updates on Ag Tech innovations, product recognition, strategic technology roadmaps and capital markets activity. Its global and regional brands, including Case IH, New Holland, CASE, STEYR, Raven and others, frequently appear in announcements tied to new technologies, awards and industry events.
Recent communications from CNH highlight agricultural technology developments that span the crop cycle, from field preparation and planting to crop protection and harvesting. The company reports on AI-driven and autonomous solutions, precision spraying systems, digital farm management via the FieldOps™ platform, and connected equipment ecosystems. News items also cover recognition from organizations such as the American Society of Agricultural and Biological Engineers and Farm Machine of the Year awards for Case IH and New Holland machines and technologies.
In addition to product and technology updates, CNH’s news includes leadership appointments, sustainability publications, and financing activities such as bond offerings and notes issued by subsidiaries like CNH Industrial Finance Europe S.A. and CNH Industrial Capital LLC. The company also provides quarterly financial results and outlook commentary, discussing segment performance in Agriculture, Construction and Financial Services, as well as factors like industry demand, tariffs and geographic sales mix.
Investors, industry professionals and equipment users can use this news stream to follow CNH’s progress on its Breaking New Ground purpose, its Road to 2030 strategy themes, and its efforts to advance innovation, sustainability and productivity in agriculture and construction. Regular updates offer insight into how CNH’s brands, technologies and financial services evolve over time.
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.
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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.
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Raven Engineered Films, based in location value="LU/us.sd.siolls"Sioux Falls, S.D., has been acquired by Industrial Opportunity Partners (IOP) from CNH Industrial (NYSE: CNHI). The acquisition aims to enhance technological advancements in polymer film and sheeting solutions. Scott Wickersham will continue as CEO under IOP's ownership, focusing on product innovation and value creation for customers. IOP stated it will provide the necessary resources to support Raven's future growth and success.
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.
CNH Industrial (NYSE: CNHI) has announced its innovative approach to equipment development by integrating virtual technologies. This methodology aims to enhance customer productivity and user experience through rigorous testing and computer simulation. The use of virtual environments allows for a safer and more sustainable evaluation of products. The company emphasizes its commitment to innovation, sustainability, and productivity across its core brands, which include Case IH and New Holland Agriculture.