Welcome to our dedicated page for CNH INDUSTRIAL news (Ticker: CNHI), a resource for investors and traders seeking the latest updates and insights on CNH INDUSTRIAL stock.
CNH Industrial N.V. reports recurring developments in agricultural and construction equipment, digital agriculture and precision technology. Its news centers on global and regional brands including Case IH, New Holland, CASE, New Holland Construction Equipment, STEYR, Raven, Hemisphere, Flexi-Coil, Miller and Eurocomach, with updates on machines, implements, tractors, excavators, satellite-based positioning, autonomous systems and digital farm management through FieldOps™.
Company updates also cover quarterly and full-year results, equipment demand cycles, production planning, dealer inventory management, pricing, cost efficiencies, managed portfolio trends, product-design awards, shareholder voting matters, governance and capital-structure disclosures.
CNH Industrial (NYSE: CNHI) is hosting its Capital Markets Day at The Fillmore Theater in Miami Beach, Florida, on February 22, 2022. Presentations will begin at 12 noon EST / 6:00 p.m. CET, covering various segments, including Agriculture, Construction, and Sustainability. Key executives will present updates on the company's 2024 Strategic Business Plan and related financial strategies. All presentations will be available later on the CNH Industrial corporate website.
Case IH, part of CNH Industrial (NYSE: CNHI), has launched the Connected Farm project in Água Boa, Brazil, enhancing digital connectivity in a key agricultural region. Collaborating with TIM Brazil, Case IH is investing in 4G infrastructure to facilitate data reporting and monitoring via its AFS Connect Center. This initiative aims to boost productivity, reduce resource consumption, and optimize logistics for farmers, demonstrating the potential impact of connectivity on agriculture and community development.
Raven Aerostar, a subsidiary of CNHI, has secured a $3.6 million subcontract with TCOM L.P. to supply its Vista F25 radar systems for the KSA Modified Persistent Surveillance Systems - Tethered in Saudi Arabia.
This contract is part of a Foreign Military Sales program with the U.S. Army and will span five years, concluding on March 23, 2027. The advanced radar systems aim to enhance military communications and intelligence activities, utilizing advanced algorithms for precise target detection.
CNH Industrial reported robust financial results for the 2021 fiscal year, achieving consolidated revenues of $33.4 billion, a 28% increase year-on-year. The company posted a net income of $1.76 billion and an adjusted diluted EPS of $1.35. Free cash flow reached $1.75 billion, marking a period of strong operating performance. Particularly, Adjusted EBIT from Industrial Activities hit $2.11 billion, the highest in company history, bolstered by growth across all segments.
Raven Industries has launched the new DuraCinch™ Strapping System, a patent-pending solution designed to secure grain covers effectively against extreme weather conditions. This innovative system enhances protection for grain piles, reducing the risk of exposure to moisture and oxygen. It is custom-fabricated to fit various pile shapes and sizes, eliminating zippering holes typical in traditional systems. The DuraCinch has already shown success in withstanding severe weather, providing peace of mind for grain storage. The product is now available for purchase and immediate manufacturing.
CNH Industrial (NYSE: CNHI) will host a live audio webcast on February 8, 2022, at 3:00 p.m. CET to discuss its financial results for Q4 and the Full Year of 2021. Interested parties can access the webcast via this link. A replay will be available for two weeks post-event. CNH Industrial operates in agriculture and construction sectors, focusing on providing innovative solutions to enhance customer efficiency.
On January 31, 2022, CNH Industrial (NYSE: CNHI) announced its Fourth Quarter and Full Year 2021 financial results will be released on February 8, 2022. The company will provide results from before its demerger, alongside a pro forma of combined financials excluding Iveco Group activities. A live audio webcast of the results will occur at 3:30 p.m. CET. Archived access will be available on their corporate website for two weeks post-call.
CNH Industrial N.V. (NYSE: CNHI) released its corporate calendar for 2022, outlining key financial dates for earnings releases:
- February 8, 2022: Q4 and Full Year 2021 results
- May 3, 2022: Q1 2022 results
- July 29, 2022: Q2 2022 results
- November 8, 2022: Q3 2022 results
Additionally, the Annual General Meeting for 2021 financial statements is set for April 13, 2022. Analysts can access live webcasts of financial presentations on the corporate website.
CNH Industrial (NYSE: CNHI) will host its Capital Markets Day on February 22, 2022, from 11:00 a.m. to 4:00 p.m. EST at The Fillmore Theater in Miami Beach, Florida. CEO Scott W. Wine and the Senior Leadership Team will present the company's strategic business plan after the recent spin-off of its On-Highway activities. The event will cover long-term priorities, technology roadmap, financial outlook, and ESG targets. A live webcast will be available, and a replay will be accessible in the Investor Relations section of the company’s website.
On January 4, 2022, CNH Industrial N.V. (NYSE: CNHI) received a credit rating upgrade from Fitch Ratings, raising its Long-Term Issuer Default Rating (IDR) from 'BBB-' to 'BBB+'. This upgrade was also reflected in the rating for CNH Industrial Finance Europe S.A., which was increased to 'BBB+'. The Outlook is Stable, indicating a positive outlook for the company following the demerger of Iveco Group N.V. This rating enhancement signifies improved financial stability and creditworthiness, which could positively impact CNHI's future financing conditions.