New Nissan earns a profit of 1.6 billion euros

New Nissan earns a profit of 1.6 billion euros

Posted on

Nissan earns a profit of 1.6 billion euros

Nissan has actually gone back to success for the very first time in 3 years. Net earnings reached more than 1.63 billion euros. In the last fiscal year, Nissan still made a loss of around 1.7 billion euros.

Sales were up 7 percent at 62.4 billion euros. Due to several supply chain problems, Nissan is anticipating a drop in earnings for this fiscal year to around 1.15 billion euros.

Profit on volume

Nissan offered 3.87 million cars in the twelve months to the end of March. The business anticipates to reach 4 million in the existing duration, generally due to strong sales in Japan and North America. In Europe, nevertheless, sales will be lower due to the cessation of operations in Russia and Ukraine. Nissan stresses that this automobile business likewise highlights revenue over amount. With this, production has actually likewise been even more enhanced.

Read likewise:
Nissan: ‘E-Power is a crucial intermediate action for EVs in Europe’

You have simply check out among our totally free premium posts

.

Leave a Reply