Fiat Chrysler Automobiles: Profit Up 15%, Debt Still High

Fiat Chrysler Automobiles: Profit Up 15%, Debt Still High

Fiat Chrysler Automobiles (NYSE: FCAU) said its second-quarter operating profit rose 15% to 1.87 billion euros ($2.19 billion) on improved margins in North America and strong results for its luxury Maserati brand. But its still-high debt fell less than analysts had expected. 

All financial numbers are shown in euros. As of July 27, 1 euro = about $1.17. 

Data source: Fiat Chrysler Automobiles. Shipments include vehicles shipped by FCA's joint ventures in China, which are not consolidated into overall financial results. "Adjusted EBIT" is FCA's expression of operating profit minus special items. 

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Source: Fool.com