CNH Industrial (CNH) Reaffirms 2030 Margin Goals, Approves Dividend

Published on Β· Source: finance.yahoo.com

CNH Industrial (CNH) Reaffirms 2030 Margin Goals, Approves Dividend

AI Summary

Summarized by AI from the source below

CNH Industrial (CNH) reaffirmed its 2030 targets, expecting adjusted EBIT margins of 16% to 17% in agriculture and 7% to 8% in construction. The company faced near-term challenges such as tariff pressures and a weak farm cycle but emphasized efficiency gains and product leadership to support its goals. Shareholders approved a $0.10 dividend and buyback authority, with CNH returning $430 million to shareholders through dividends and repurchases. Management highlighted the introduction of over 70 new products, focusing on AI and automation as key growth drivers.

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