The owners of Ford shares do not take experience day arrived. The US car manufacturer is waiting with unsatisfactory first-quarter earnings. One important reason is the restructuring of the group that is taking place. High costs for the restructuring of the group, the second-largest US car manufacturer Ford a hefty profit slump in the second quarter to blame. Compared with the previous year fell to 148 million surplus of 1.1 billion dollars, such as Ford in accordance with the U.S. stock market closing stated; the reason being charges in the amount of $1.2 billion mainly due to the reorganization of businesses in Europe and South America.
However, for the first time in many years, there was a small success in problematic business activities in Europe.
The operating income increased in this area at least 126 million to 53 million dollars. It was the first time since two years ago, that Ford could improve the profitability here. The US manufacturer is going on in Europe for a long time seriously and wants to delete 12 000 jobs, of which 5400 in Germany. Papers from the group’s investors encounter a total sales stagnated in the last quarter at 38.9 billion dollars. Although Ford deserves further well at the lucrative business with SUVs and pick-ups in the U.S. home market, but also to the end of the car tilts boom here – as a last resort, sales fell significantly. The Annual Report for Investors was not good at all at first, the share was hit by exchange with over seven percent to minus. The profit expectations were missed, even if the sales significantly exceeded the forecasts.