CNH Industrial: Presentation on adoption of new accounting standards published on corporate website
These new standards will be adopted on a retrospective basis, and are not estimated to have a material impact on our consolidated revenues, net income, earnings per share and net industrial debt. As a result, starting with the first quarter of 2018, all current periods, and historical financial information will be presented on a recast basis, when the Company reports its quarterly earnings.
The presentation includes preliminary and unaudited recast financial statements for fiscal year 2016 and 2017, including 2017 by quarter, to provide full comparability for the historical periods, as well as the illustration of certain new non-GAAP financial measures that the Company intends to adopt starting from the first quarter of 2018.
Please visit: bit.ly/CNH_Industrial_Investor_Presentations for the full presentation and podcast.
Media RelationsMedia RelationsUnited Kingdommediarelations@cnhind.com0044 207 7660 346
MORE FROM CNH INDUSTRIAL CORPORATE
Lowering the impact of logistics: the latest Top Story available on CNHIndustrial.com
STEYR Konzept wins 2020 MUSE Design Award
CNH Industrial reports 2020 first quarter Consolidated revenues of $5.5 billion, Net loss of $54 million and Net debt of Industrial Activities at $2.3 billion. Available liquidity at $9.9 billion as of March 31, 2020