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SUZUKI RIDING WIND OF CHANGE?

After years of uninterrupted losses from its motorcycle division, Suzuki’s first-quarter results suggest a resurgence, BDN financial editor Roger Willis reports.

Worldwide revenue from bikes and ATVs in the April-June period rose by 21.6% to £419.9m. Associated operating profit was £13.7m, against an operating loss of £3.8m in the equivalent three months last year.

Global net sales volume was 21.2% up to 294,000 units. Some 215,000 of those were in Asian markets, representing a 26.6% increase. Other emerging countries grew by 8.1% to 41,000. Suzuki’s Japanese domestic market improved by 12.6% to 16,000. North America put on 33.3% at 8000. Only Europe let the side down, falling by 6.6% to 14,000. However, that drop concealed a much better model mix because the European revenue contribution was 17.9% up to £98.8m.  
 

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