Even the management's outlook for 2025 is higher than what the stock pros had predicted.
But there is a but. The management has not counted in President Donald Trump's potential 25 percent tariffs against Mexico and Canada, something that would negatively affect the company's supply chains in such cases.
For the quarter, it was a loss, weighed down by high one-time items related to the Chinese operations.
The adjusted operating profit for the full year 2025 is estimated to land between 13.7 and 15.7 billion dollars, which would be in line with the adjusted full-year profit 2024 of 14.9 billion dollars, a result that exceeded analysts' expectations, among other things as an effect of a stronger finish to the year in China, adjusted for one-time items of several billion dollars.
