Nissan increased deliveries by almost 10% to 1.27m vehicles in its final quarter (through to March 2017), whereas the ASP fell by 3% to Y2.72m. As a result, revenue was up by 6.4% to Y3.46tn and EBIT by 16% to Y239bn. Thanks to a Y112bn gain from the disposal of investment securities, net earnings increased from Y71bn in Q4 15/16 to Y249bn.
12 May 2017
Nissan delivered good earnings for 2016/17 but expects them to fall
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Nissan delivered good earnings for 2016/17 but expects them to fall
Renault SA (RNO:WBO) | 0 0 2.2% | Mkt Cap: 26,021m
- Published:
12 May 2017 -
Author:
Hans-Peter Wodniok -
Pages:
2
Nissan increased deliveries by almost 10% to 1.27m vehicles in its final quarter (through to March 2017), whereas the ASP fell by 3% to Y2.72m. As a result, revenue was up by 6.4% to Y3.46tn and EBIT by 16% to Y239bn. Thanks to a Y112bn gain from the disposal of investment securities, net earnings increased from Y71bn in Q4 15/16 to Y249bn.