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Old 06-30-2003, 01:50   #1 (permalink)
Mr. Embargo
 
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Ford Australia Reports 2002 Profit

The new BA Falcon and a steadily growing Australian car industry have contributed to Ford Motor Company of Australia Limited* returning a profit after tax of $20.6 million for the 2002 calendar year.

http://www.ford-news.com/articles.php?articleId=50
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Old 06-30-2003, 01:55   #2 (permalink)
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Re: Ford Australia Reports 2002 Profit

Woohoo Job well done Geoff. Thats bloody excellent, that was the main aim to make a profit.
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Old 06-30-2003, 02:04   #3 (permalink)
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Re: Ford Australia Reports 2002 Profit

Makes you wonder what the profit could have ben if it hadn't been for some costly "bold" ventures.

Things like the Cougar, kA, Mustang, Mondeo and even F-Series must have contributed their share of bad news to that bottom line.

Ah well - once they've got rid of the last of the Mondeo II (presently known as Focus) then presumably we can look forward to some real shareholder value.

Either that or someone will come up with a bold new plan to import some other Orphan/End-of-life/Euro COTY/Amercian success story (circle all that apply) and we can start the whole sad cycle all over again.

Or (for a history revisit) the BA2 (due next year) will provide such significant benfits over BA1 that a whole new generation (and a few old hands) can get badly burnt again.

Pity I've gambled with real money!

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Old 06-30-2003, 02:05   #4 (permalink)
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Re: Ford Australia Reports 2002 Profit

woohoo, good news!! hopefully they can use that as a nice base and expand the profitability in the next few years :s5
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Old 06-30-2003, 02:12   #5 (permalink)
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Re: Ford Australia Reports 2002 Profit

GEEZ i thought they were planning on breaking even this year(financial) and making profit next year looks like they've done a better job than they expected.
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Old 06-30-2003, 02:23   #6 (permalink)
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Re: Ford Australia Reports 2002 Profit

Excellent for ford, keep it up guys!

Fordy, your avatars make me horny, where ya get them from?!

Last edited by EFXR6_Yagz; 06-30-2003 at 02:25.
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Old 06-30-2003, 03:47   #7 (permalink)
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Re: Ford Australia Reports 2002 Profit

Great to here as a bean counter I know all to well nice cars are one thing but if at the end of the day your not making money things can go belly up
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Old 06-30-2003, 04:14   #8 (permalink)
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Re: Ford Australia Reports 2002 Profit

Good on Geoff,look's like his job is very secure,a big future for him and Ford Australia,keep it up.
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Old 06-30-2003, 08:55   #9 (permalink)
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Re: Ford Australia Reports 2002 Profit

Congratulations Uncle Geoff and may I add David Flint.
Hopefully more good times to come
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Old 06-30-2003, 14:17   #10 (permalink)
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Onya Ford. :)

Russ - Do i detect a hint of cynicisim?
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