Monday, June 17, 2024
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GOOD START FOR KAWASAKI

The motorcycle division of Kawasaki Heavy Industries has flagged up a welcome return to profit in the first quarter of its current fiscal year to 30 June, writes our financial editor Roger Willis.

 

Although revenue for the period was 3.9% down at £506.7m, a small operating profit of £2.4m replaced last year’s quarterly loss of £7.5m. Kawasaki attributed this good fortune to a better motorcycle model mix through stronger growth in the developed world.

 

Volume (with data also including ATV and PWC presence where sold) was positive everywhere except in Japan’s domestic market. European shipments rose by 26.6% to 19,000 units. North America was 22.2% up at 22,000 units. Emerging countries — predominantly Indonesia — added 14% to 73,000 units. Japanese home sales fell by a third to just 4000 units.

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