Ford Motor Co CFO John Lawler to Affirm 2024 Adj EBIT of $10B-$12B, Adj Free Cash Flow of $6B-$7B, Capex of $8B-$9.5B, Review Ford+ Growth Plan at BofA Auto Summit Today
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Ford Motor Co CFO John Lawler will affirm the company's 2024 financial guidance at the BofA Securities Auto Summit, reiterating adjusted EBIT of $10B-$12B, adjusted free cash flow of $6B-$7B, and capex of $8B-$9.5B. He will also discuss the Ford+ growth plan, which aims to offer a mix of gas, hybrid, and electric vehicles to improve growth, margins, and reduce cyclicality.
March 26, 2024 | 12:50 pm
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Ford CFO John Lawler to affirm 2024 financial guidance, including adjusted EBIT of $10B-$12B and adjusted free cash flow of $6B-$7B, alongside discussing the Ford+ growth plan.
Reaffirming the 2024 financial guidance and discussing the Ford+ growth plan could positively impact investor sentiment by providing clarity on future profitability and strategic direction. The emphasis on a diverse mix of vehicles and services under the Ford+ plan highlights the company's adaptability and innovation, potentially attracting more investors.
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