Fiat Chrysler increased net profit by 3% in 2018


Net profit of Fiat Chrysler Automobiles (FCA) increased by 3% in 2018 and amounted to 3.63 billion euros, according to company reports. Earnings per share reached 2.3 euros versus 2.4 euros per share a year earlier. FCA increased revenue by 4% to 115.41 billion euros. In the fourth quarter, the company was able to increase its profits by 1.6 times against the value of last year - to almost 1.3 billion euros. Diluted earnings per share reached 0.82 euros, while last year the figure was 0.51 euros. FCA increased revenues by 6% for the quarter to 30.62 billion euros. The company's sales in 2018 amounted to 4.84 million vehicles - 2% more than last year. According to FCA, earnings in 2019 will exceed 2.7 euros per share.

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