July 28, 2014
Nissan Q1 Earnings Presentation
July 28 – Yokohama – Nissan Motor Corp. announced first-quarter earnings Monday, which showed double-digit percentage rises on year in net income and operating profit.
Nissan Corporate Vice President Joji Tagawa on earnings
Net income rose 36.7% on year to 112.1 billion yen ($1.1 billion), while operating profit grew 13.4% to 122.6 billion yen ($1.2 billion).
Gains were attributed to strong sales growth in the U.S. and China, up 14.1% and 21.1%, respectively. During the quarter, Nissan sold 1.24 million vehicles globally, up 6.0%.
Nissan reaffirmed its global sales for fiscal 2014, expecting to sell 5.65 million units, up 8.9%.
For a full replay of the results briefing by Nissan Corporate Vice President Joji Tagawa, please see the Ustream video below.
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