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guidance 2023 per CNHI
2023 Outlook
The Company is providing the following 2023 outlook for its Industrial Activities:
• Net sales(5) up between 6% and 10% year on year including currency translation effects
• SG&A up, no more than 5% vs 2022
• Free Cash Flow of Industrial Activities(8) between $1.3bn and $1.5bn
• R&D expenses and capital expenditures at around $1.6bn
2023 Outlook
The Company is providing the following 2023 outlook for its Industrial Activities:
• Net sales(5) up between 6% and 10% year on year including currency translation effects
• SG&A up, no more than 5% vs 2022
• Free Cash Flow of Industrial Activities(8) between $1.3bn and $1.5bn
• R&D expenses and capital expenditures at around $1.6bn