The U.S. auto giant Ford Motor came out of annual earnings in 2009, which has not happened since 2005, sent Wall Street Journal. Thus, the fourth largest car producer in the world are distinguished from their American rivals General Motors and Chrysler, who were rescued by the government or declared bankruptcy in 2009. Net profit for the entire Ford Motor in 2009 amounted to 2.7 billion and revenues of EUR 118.3 billion. For 2008 the company reported a loss of 14.7 billion dollars. Its leadership is not expected to come out of annual earnings before 2011. For the last quarter of 2009, Ford Motor made a profit of 868 million, or 25 cents a share. For the same three months of 2008 the company had a loss of 5.98 billion dollars or 2.51 dollars per share. If you exclude one-off effects earnings per share for the fourth quarter was 43 cents. That topped analysts’ forecast of earnings per share of Ford Motor from 26 cents. Its revenues for the fourth quarter of 2009 amounted to 35.4 billion dollars.
(more…)