Q2 Earnings Review

July 30, 2020

Information Regarding This Presentation

Forward-Looking Statements

This presentation includes forward-looking statements. Forward-looking statements are based on expectations, forecasts, and assumptions by our management and involve a number of risks, uncertainties, and other factors that could cause actual results to differ materially from those stated. For a discussion of these risks, uncertainties, and other factors, please see the "Cautionary Note on Forward-Looking Statements" at the end of this presentation and "Item 1A. Risk Factors" in our Annual Report on Form 10-K for the year ended December 31, 2019, as updated by subsequent Quarterly Reports on Form 10-Q and Current Reports on Form 8-K.

GAAP And Non-GAAP Financial Measures

This presentation includes financial measures calculated in accordance with Generally Accepted Accounting Principles ("GAAP") and non-GAAP financial measures. The non-GAAP financial measures are intended to be considered supplemental information to their comparable GAAP financial measures. The non-GAAP financial measures are defined and reconciled to the most comparable GAAP financial measures in the Appendix to this presentation.

Additional Information

Calculated results may not sum due to rounding. N / M denotes "Not Meaningful." All variances are year-over-year unless otherwise noted.

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Highlights

  • Effectively restarted production with robust safety protocols, aggressively mitigated production losses and navigated a tenuous supply base
  • Keenly focused on cost and cash
  • Disciplined management of balance sheet and strong liquidity position, ensuring financial flexibility, particularly in these uncertain times
  • Global Redesign and portfolio refresh actions yield measurable results
  • Continued investment in AV, connectivity and electrification
  • Ready for the production ramp-up of F-150, Mustang Mach-E and Bronco Sport in Q4, and Bronco in 2021 - with high quality

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Second Quarter Company Financial Results

ADJ. FCF

REVENUE

ADJ. EBIT

ADJ. EBIT

ADJ. EPS

MARGIN

$(5.3)B

$19B

$(1.9)B

$(0.35)

(10.0)%

DOWN $5.5B

DOWN $19B

DOWN $3.6B

DOWN 14.3 ppts

DOWN $0.63

First Half

$(7.6)B

$54B

$(2.6)B

(4.8)%

$(0.59)

DOWN $9.6B

DOWN $26B

DOWN $6.7B

DOWN 10 ppts

DOWN $1.31

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Disclaimer

Ford Motor Company published this content on 30 July 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 July 2020 20:15:04 UTC