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4-Traders Homepage  >  Equities  >  Tokyo  >  Nissan Motor Co Ltd    7201   JP3672400003

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Nissan Motor : Altima delivers 29.5km/ltr in mileage challenge

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02/26/2017 | 05:20pm CET

To create awareness about Altima’s fuel economy, Nissan, distributed by Suhail Bahwan Automobiles (SBA), recently organised a ‘Altima Mileage Challenge’.

The winning Altima, driven by Hajir Mohammed al Barwani, managed mileage of 29.5km/ltr of fuel.

Happy with overall experience of dealing with SBA, Hajir rated the company ‘excellent’ in all departments, a press release said.

Hajir had covered 1,200km after taking delivery of her new Altima on January 19, 2017 and rated the vehicle as an excellent product and praised the 2.5ltr engine for delivering strong acceleration and excellent fuel efficiency. The Altima Mileage Challenge witnessed keen participation from over 30 Altima owners who were flagged off from the Qurm showroom.

(c) 2017 Apex Press and Publishing Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Financials ( JPY)
Sales 2017 11 600 660 M
EBIT 2017 700 000 M
Net income 2017 565 510 M
Debt 2017 5 210 013 M
Yield 2017 4,33%
P/E ratio 2017 7,82
P/E ratio 2018 6,96
EV / Sales 2017 0,85x
EV / Sales 2018 0,81x
Capitalization 4 693 435 M
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Mean consensus OUTPERFORM
Number of Analysts 21
Average target price 1 370  JPY
Spread / Average Target 23%
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Managers
NameTitle
Hiroto Saikawa Vice Chairman & Co-Chief Executive Officer
Joseph G. Peter CFO, Head-Investor Relations & Accounting
Celso Guiotoko Chief Information Officer
Takao Asami Senior Managing Executive Officer & Head-Research
Toshiyuki Shiga Vice Chairman
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