Log in
Login
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Xetra  >  Bayerische Motoren Werke AG    BMW   DE0005190003

Delayed Quote. Delayed  - 06/29 05:35:01 pm
65.88 EUR   +0.08%
06/29 BAYERISCHE MOTO : Accused 'stayed in hotel after attack'
06/29 BAYERISCHE MOTO : Big draw and plenty of offers
06/29 FIRST DRIVE : 2016 Alpina B4 Biturbo
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

Toyota sees operating profit tripling this year

share with twitter share with LinkedIn share with facebook
share via e-mail
0
05/09/2012 | 08:25am CEST

Toyota Motor Corp (>> Toyota Motor Corp.), Japan's top automaker, said quarterly operating profit jumped more than five-fold to $3 billion and would treble in the current year as vehicle production roars back from post-disaster lows.

Toyota Motor Corp (>> Toyota Motor Corp.), Japan's top automaker, said quarterly operating profit jumped more than five-fold to $3 billion and would treble in the current year as vehicle production roars back from post-disaster lows.

January-March operating profit increased to 238.5 billion yen beating a consensus estimate of 223 billion yen in a survey of 23 analysts by Thomson Reuters I/B/E/S. Fourth-quarter net profit jumped to 121 billion yen from 25.4 billion yen a year ago.

For the year to next March, Toyota forecast operating profit would rise to 1 trillion yen ($12.54 billion), its highest since the global financial crisis. Consensus forecasts have been for a full-year profit of 990 billion yen.

Toyota shares have gained more than a third since the broad market trough in late-November, outperforming local rivals Nissan (>> Nissan Motor) and Honda (>> Honda Motor), U.S. competitors General Motors (>> General Motors Company) and Ford (>> Ford Motor Company) and Volkswagen (>> Volkswagen AG), but lagging BMW's (>> Bayerische Motoren Werke AG) 41 percent jump. The main Topix share index <.TOPX> is up by a tenth over the same period.

($1 = 79.7750 Japanese yen)

(Reporting by Chang-Ran Kim; Editing by Ian Geoghegan)

share with twitter share with LinkedIn share with facebook
share via e-mail
0
React to this article
Latest news on BAYERISCHE MOTOREN WERKE A
06/29 BAYERISCHE MOTOREN WERKE : Accused 'stayed in hotel after attack'
06/29 BAYERISCHE MOTOREN WERKE : Big draw and plenty of offers
06/29 FIRST DRIVE : 2016 Alpina B4 Biturbo
06/29 BAYERISCHE MOTOREN WERKE : PUMA LAUNCHES NEW ULTRAMODERN BMW X-CAT DISC; Futuris..
06/29 FUNCTIONAL STYLE ENTERS A NEW DIMENS : the innovative X-CAT DISC designed by Des..
06/29 HONDA MOTOR : Established in 1961, Hinshaw's Motorcycle Store in Auburn, Washing..
06/29 Porsche CEO bets big on redesigned Panamera model
06/29 BRIEF : Two Woodland Hills men killed in 101 Freeway crash with big rig
06/28 BEHIND THE WHEEL : What does Brexit mean for world's auto industry?
06/28 BAYERISCHE MOTOREN WERKE : Construction starts on new Columbia BMW dealership
Advertisement
News chart
Full-screen chart
Income Statement Evolution
More Financials