Harley-Davidson sluit fabriek Kansas City, Missouri in 2019
Geplaatst: 30 jan 2018 16:40
Eind januari, tijd om de jaarcijfers bekend te maken. En het gaat niet zo goed met de afzet van de nieuwe Harley-Davidson motoren;
241,498 nieuwe motorfietsen verscheept in 2017, 7.9% minder dan in 2016. En de verwachting is dat deze lijn zich doorzet. Dus de verwachting voor dit jaar bijgesteld naar 231,000 tot 236,000 motoren. En dus wordt de fabriek in Kansas City (Missouri) gesloten.
Verkoop viel 9.6% lager uit wereldwijd, maar toch een omzetgroei van 12% naar US$ 1 miljard.
Harley-Davidson shutting down plant amid shipment decline
Associated Press•January 30, 2018
NEW YORK (AP) -- Harley-Davidson Inc. will close its Kansas City, Missouri plant as part of a cost-cutting move as it continues to face dwindling shipments.
The Milwaukee-based company reported a 7.9 percent drop to 241,498 motorcycle shipments in 2017 and expects the figure to continue dropping. It forecast 231,000 to 236,000 motorcycle shipments in 2018.
"The decision to consolidate our final assembly plants was made after very careful consideration of our manufacturing footprint and the appropriate capacity given the current business environment," said President and CEO Matt Levatich.
The motorcycle maker reported an 82 percent slide in fourth-quarter profit to $8.3 million, or 5 cents per share, partly on charge related to the new tax code. Earnings, adjusted for pretax expenses and non-recurring costs, were 54 cents per share.
Revenue rose 12 percent to $1.05 billion, mainly on pricing as retail sales of motorcycles fell 9.6 percent worldwide.
The results topped Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of 46 cents per share, while nine analysts surveyed by Zacks expected $1.01 billion in revenue.
For the year, the company earned $521.8 million, or $3.02 per share. Revenue was reported as $4.92 billion.
Harley-Davidson shares slid 7 percent, or $3.87, to $51.42 in morning trading.
241,498 nieuwe motorfietsen verscheept in 2017, 7.9% minder dan in 2016. En de verwachting is dat deze lijn zich doorzet. Dus de verwachting voor dit jaar bijgesteld naar 231,000 tot 236,000 motoren. En dus wordt de fabriek in Kansas City (Missouri) gesloten.
Verkoop viel 9.6% lager uit wereldwijd, maar toch een omzetgroei van 12% naar US$ 1 miljard.
Harley-Davidson shutting down plant amid shipment decline
Associated Press•January 30, 2018
NEW YORK (AP) -- Harley-Davidson Inc. will close its Kansas City, Missouri plant as part of a cost-cutting move as it continues to face dwindling shipments.
The Milwaukee-based company reported a 7.9 percent drop to 241,498 motorcycle shipments in 2017 and expects the figure to continue dropping. It forecast 231,000 to 236,000 motorcycle shipments in 2018.
"The decision to consolidate our final assembly plants was made after very careful consideration of our manufacturing footprint and the appropriate capacity given the current business environment," said President and CEO Matt Levatich.
The motorcycle maker reported an 82 percent slide in fourth-quarter profit to $8.3 million, or 5 cents per share, partly on charge related to the new tax code. Earnings, adjusted for pretax expenses and non-recurring costs, were 54 cents per share.
Revenue rose 12 percent to $1.05 billion, mainly on pricing as retail sales of motorcycles fell 9.6 percent worldwide.
The results topped Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of 46 cents per share, while nine analysts surveyed by Zacks expected $1.01 billion in revenue.
For the year, the company earned $521.8 million, or $3.02 per share. Revenue was reported as $4.92 billion.
Harley-Davidson shares slid 7 percent, or $3.87, to $51.42 in morning trading.
