CNH Global N.V. (NYSE: CNH) today announced financial results for the quarter ended March 31, 2013. Net sales for the quarter increased 1% (3% on a constant currency basis) to $4.7 billion. Equipment Operations posted an operating profit of $443 million or 9.4% of net sales for the quarter, as increased volumes and positive net pricing in the agricultural segment compensated for the reduction in volume in the construction segment, higher selling general and administrative expenditures and research and development expense.
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