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Nissan overcomes the 5 billion barrier in profits

Automotive News
  • Group sales were close to six million vehicles.

Nissan Motor posted a net profit of 663.5 billion yen (5.143 billion euros) in the fiscal year ended March 2017, an increase of 26 percent over the previous fiscal year.

Nissan Motor posted a net profit of 663.5 billion yen (5.143 billion euros) in the fiscal year ended March 2017, an increase of 26 percent over the previous fiscal year.

Revenues amounted to 11.7 trillion yen (90.852 billion euros), up 6.4 percent from the previous year, while operating profit increased 29 percent to 742.2 billion yen (5,753 million yen). Euros).

The auto group, which put its operating margin at 6.3 percent, two-tenths less than a year earlier, also earned an ordinary profit of 864.7 billion yen (6,703 million euros).

International Growth

The car sold 5.63 million vehicles worldwide, of which 1.58 million corresponded to the US market, where Nissan registrations rose 4.2 percent.

In China, sales increased by 8.4 percent, while in Europe the rise was 7.2, encouraged by the good reception of models such as Qashqai and Navara.

Eleconomista.es – 05/12/2017

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