Tag: consolidated operating profit
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Volkswagen Group|Brand Group Core with Stable Sales Revenue and Product Offensive in First Half of 2024
Volkswagen Group’s Brand Group Core maintained stable sales revenue in the first half of 2024 but faced significant impacts on profitability due to high fixed costs and one-off effects. The Brand Group Core’s sales revenue for H1 2024 was €69.1 billion, up 0.4% year-on-year, while operating profit decreased by €350 million, leading to an operating…
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Nissan Motor Newsroom|Nissan Motor Announces Q1 FY2024 Financial Results
Nissan Motor Co., Ltd. announced its Q1 FY2024 financial results with consolidated net sales of 2.9984 trillion yen, consolidated operating profit of 1 billion yen, and net income of 28.6 billion yen. Profits decreased due to intensified sales competition and inventory adjustments in the US market. The full-year outlook has been revised down to consolidated…