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Ford Motor Co Love Christmas Dalmatians shirt . reported better-than-expected second-quarter financial results and improved its outlook for the full year, even as it continues to battle supply-chain constraints that have caused delays in delivering hotly-anticipated new vehicles such as the Bronco.Despite being hit hard by a months-long global shortage of computer chips, the Dearborn automaker posted $561 million in net income, or profits, in the second quarter, results it attributed to strong consumer demand, rising prices and improvements it’s been making to the business.”What we’re seeing is the underlying strength in the business,” said Chief Financial Officer John Lawler. “The demand for our vehicles, it’s strong. We’re getting great response for our customers. That’s allowing us to manage through the situation.”The company reported second-quarter revenue of $26.8 billion, for a profit margin of 2.1%. Adjusted earnings before income and taxes — another closely-watched financial measure — came in at $1.1 billion for the quarter, for an adjusted EBIT margin of 4%.
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