Friday, February 10, 2012

Added operational Gain for Ford

Dearborn - Ford Motor Company (FMC) reported operating income before taxes of $ 8.8 billion. This figure is up $ 463 million from a year ago. This is thanks to strong performance in North America and Ford Credit offset challenges in other parts of the world. These results mark an increase Ford's annual operating profit in three years in a row.

Added operational Gain for Ford

"We recorded strong results for the full year along with us continue to serve our customers worldwide with the best vehicle in its class and record progress in achieving our middle decades," said Alan Mulally, president and CEO of Ford in his official statement on Thursday (2 / 2 / 2012).

Alan added, although the uncertainty in the external environment continues, the strength of our operations in North America and Ford Credit enabled us to continue investing for future growth and develop outstanding products with quality, fuel economy, safety, smart design and segment-leading value.

Furthermore, net income manufacturer from the land of Uncle Sam this year totaled $ 20.2 billion, or $ 4.94 per share, up $ 13.7 billion, or $ 3.28 per share, a year ago. These results include a one-time, non-cash special items amounting to $ 12.4 billion that benefit from the release of virtually all valuation allowance against deferred tax assets net deferral Ford.