Ford said, “The Ford+ growth plan is providing customers with the mix of gas, hybrid and electric personal and commercial vehicles and services they want, while improving growth, margins and capital efficiency and reducing cyclicality – prompting the company to reiterate its expectations for full-year 2024 operating results. That’s the summary of what Ford CFO John Lawler will say today (Tuesday) during fireside-chat remarks at the BofA Securities Auto Summit. Lawler will speak at 12:10 p.m. ET. His comments will be webcast “live” and on replay and a transcript of them will be available afterward, all via shareholder.ford.com.” Lawler will affirm the operating guidance that Ford provided in early February: adjusted earnings before interest and taxes of $10B to $12B, adjusted free cash flow of $6B to $7B, and capital expenditures of $8B to $9.5B. Ford plans to report first-quarter 2024 financial results on Wednesday, April 24.
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