CNH Industrial sees 2023 net sales up 6-10% after strong Q4

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(Reuters) – CNH Industrial (NYSE:CNHI) sees its net sales of industrial activities increasing between 6% and 10% this year, the group said on Thursday, after posting solid results in the last quarter of 2022.

The Italo-American farming and construction machine maker also forecast its 2023 free cash flow (FCF) of industrial activities to reach between $1.3 billion and $1.5 billion.