Ford: 2023 guidance confirmed
(CercleFinance.com) - At its CMD, Ford confirmed its FY 2023 targets of 9 to 11 billion dollars for adjusted EBIT, with adjusted free cash flow of about $6bn.
The carmaker is targeting a 10% adjusted EBIT margin in 2026, with rates in the low double-digit range for Ford Blue, in the mid teens range for Ford Pro and 8% by the end of 2026 for Ford Model e.
In addition, Ford intends to announce new definitive battery raw material agreements, strengthening its supply to produce two million electric vehicles by the end of 2026 - and beyond.
Copyright (c) 2023 CercleFinance.com. All rights reserved.
The carmaker is targeting a 10% adjusted EBIT margin in 2026, with rates in the low double-digit range for Ford Blue, in the mid teens range for Ford Pro and 8% by the end of 2026 for Ford Model e.
In addition, Ford intends to announce new definitive battery raw material agreements, strengthening its supply to produce two million electric vehicles by the end of 2026 - and beyond.
Copyright (c) 2023 CercleFinance.com. All rights reserved.