Increase in sales and record profits. This is in short the balance sheet of the thirst quarter of the social year (April- December 2015) for Suzuki Motor.
Suzuki Motor’s net turnover has increased by 212,6 billion Yens (9,9% – 1,6 billion Euros) than the same period last year, by reaching 2,355,600 billion Yens (17,7 billion Euros). While the inner Japanese market turnover has decreased by 2,6% because of higher taxation on small vehicles, export net sales have increased by 17%.
Consolidated profits have increased by 8,2% (87,2 billion Euros) than the same period last year, by reaching 1,1 billion Euros. The net shareholders’ profit has increased by 28%, that is 168,4 bilion Euros, by reaching 769,2 billion Euros.
One of the main authors of this excellent result is the Marine department, which has registered an increase in profits of 12,9 % than last year (44,4 billion Euros). The best result has been registered in the American market.
Forecasts about economic results for the current fiscal year are good, too. Consolidate profits are expected to increase by 2,8%, while there is an expectation of +8,7% and + 5,5% respectively for operating profit and ordinary management.