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CNH Industrial rebounds with higher construction sales in second quarter

CNH Industrial logoCNH Industrial
Sig1.60Sen-0.80Env0.00Soc0.00Gov0.00

CNH Industrial reported a rebound in its construction equipment segment, with global net sales up 12% year-over-year to $866 million in the second quarter, though adjusted construction earnings fell to a $15 million profit from $35 million a year earlier. Ag equipment sales rose 1% to $3.3 billion, while consolidated revenue increased 2% to $4.8 billion and net income declined 35% to $141 million.

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