If car manufacturers have spent a lot of pain 2010, with sales, turnover and profits in decline, other things went differently. Among these is the Nissan, which in the last three months of last year posted a profit of more than 78% over the same period of 2009, widely regarded as the annus horribilis of the sector.
The leaders of the Japanese manufacturer, however, have to thank especially the near (to them) the Chinese market, which has contributed more than any other all'exploit. Numerically, the profits of the period from October to December 2009 amounted to 420 million, 12 months after they arrived at an altitude of 710 million, which would have been even more if the yen had appreciated in international markets, thus making it more expensive Japanese products.
Also consider that period, net revenues grew by 5.3% to bring the fee revenue to 19 billion euros compared with operating profits that are dropped by 15% up to 1 billion. In the first nine months, however, profit was increased to 2.5 billion (even over 430%), with revenues of 57 billion (plus 19.4%), and vehicles sold, up 20.5%, up little more than 3 million units.
What happened in the last quarter of 2010 should be repeated in the first quarter of 2011, which will close the financial year the company, whose 12 months will end with a net profit of EUR 2.8 billion - higher than at least 15 % compared with the estimates that had been made - thanks to increased sales, which are projected to more than 17.1%, equivalent to 4.17 million cars. 
The leaders of the Japanese manufacturer, however, have to thank especially the near (to them) the Chinese market, which has contributed more than any other all'exploit. Numerically, the profits of the period from October to December 2009 amounted to 420 million, 12 months after they arrived at an altitude of 710 million, which would have been even more if the yen had appreciated in international markets, thus making it more expensive Japanese products.
Also consider that period, net revenues grew by 5.3% to bring the fee revenue to 19 billion euros compared with operating profits that are dropped by 15% up to 1 billion. In the first nine months, however, profit was increased to 2.5 billion (even over 430%), with revenues of 57 billion (plus 19.4%), and vehicles sold, up 20.5%, up little more than 3 million units.
What happened in the last quarter of 2010 should be repeated in the first quarter of 2011, which will close the financial year the company, whose 12 months will end with a net profit of EUR 2.8 billion - higher than at least 15 % compared with the estimates that had been made - thanks to increased sales, which are projected to more than 17.1%, equivalent to 4.17 million cars.
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- Nissan quarterly profit jumps 78 percent (09/02/2011)
- Nissan Raises Profit Forecast on U.S., Asia Demand (09/02/2011)
- Nissan net income at 80.1 billion yen in third quarter (09/02/2011)
- Nissan quarterly profit jumps 78 percent (09/02/2011)
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