CNH Industrial, the multi-brand machinery designer and manufacturer, has reported operating profits of $49m (€45m) over the first three months of 2017 – a stark improvement from the $513m loss during the same period last year.Revenues rose by 5.8% year-on-year to $5.68bn, while the company also reported net sales in its agricultural equipment segment up 10.5% year-on-year, driven by a strong demand in Latin America.