The Japanese manufacturer Mitsubishi expects stability in its global sales, at 938,000 units, for its new fiscal year 2022/2023. Its net profit should also remain at around 545 million euros.
In the 2021/2022 financial year, Mitsubishi sold 937,000 vehicles worldwide, including 131,000 in Europe.
Mitsubishi Motors, the third member of the Renault-Nissan Alliance, expressed confidence for its new 2022/23 financial year, which started on April 1, 2022. The group is betting in particular on a strong rebound in sales in Japan and South Asia. East.
The Tokyo firm expects an annual net profit of 75 billion yen (545 million euros), almost unchanged compared to the 2021/22 financial year (74 billion yen), where it returned to the green after a heavy loss a year earlier due to the Covid-19 pandemic.
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It expects a 3% increase in its annual operating profit, to 90 billion yen against 87.3 billion yen over the past financial year.
The growth of its sales in most of its markets (except in Europe and China) and a largely positive currency effect thanks to the fall of the yen should allow it to offset negative factors such as the increase in the cost of raw materials, detailed the group. in an online presentation.
938,000 expected sales
In volume, Mitsubishi Motors expects to sell 938,000 vehicles in 2022/23, a stable level over one year, but its sales in value should improve by managing to increase its prices.
Its annual turnover could thus rise to 2,290 billion yen (16.6 billion euros, +12.3% over one year), driven in particular by its main markets, Japan and South Asia. – East, as well as North America.
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Its sales last year totaled 2,038.9 billion yen, a rebound of 40% over one year thanks mainly to North America and Southeast Asia.
The group has, however, remained cautious regarding its dividend policy: it has not yet announced any for 2022/23, although it had already paid none for the past financial year. (with AFP)
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