As reported by the company, Whirlpool Corporation achieved net earnings of $180 million in the fourth quarter of 2016, the same result reported for the same prior-year period. Net sales were $5.7 billion, compared to $5.6 billion in the same period of 2015. Excluding the impact of currency, sales increased over 2 percent. The operating profit totaled $335 million, or 5.9 percent of sales, compared to $380 million, or 6.9 percent of sales, in the same prior-year period. Fourth-quarter ongoing business operating profit totaled $425 million, or 7.5 percent of sales, compared to $468 million, or 8.4 percent of sales, in the same prior-year period. For the full year, net sales were $20.7 billion compared to $20.9 billion in 2015. Excluding the impact of currency, sales increased by 2 percent. GAAP operating profit totaled $1.4 billion, compared to $1.3 billion in the prior year. Full-year ongoing business operating profit totaled $1.6 billion, or 7.8 percent of sales, compared to $1.6 billion, or 7.5 percent of sales, in the prior year.
Considering the results of the fourth quarter 2016 in the different regions, Whirlpool North America reported net sales of $3.1 billion, compared to $2.9 billion in the same prior-year period. In Emea, the company reached net sales of $1.4 billion, compared to $1.5 billion in the same prior-year period. Whirlpool Asia achieved net sales of $352 million compared to $312 million in Q4 2015 and Whirlpool Latin America reported net sales of $860 million, compared to $845 million in the same prior-year period.
