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Suzuki Motor Reports Strong FY2024 Results Amidst Future Challenges

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Suzuki Motor ( (JP:7269) ) just unveiled an update.

Suzuki Motor Corporation reported a significant increase in its financial performance for FY2024, with revenue rising by 8.7% and operating profit increasing by 30.2% compared to the previous fiscal year. The company also conducted a four-for-one stock split, impacting earnings per share calculations. Despite the positive results, the forecast for FY2025 indicates a decline in operating profit and profit before tax, suggesting potential challenges ahead. The cash dividends per share were adjusted following the stock split, reflecting Suzuki’s commitment to shareholder returns.

More about Suzuki Motor

Suzuki Motor Corporation is a prominent player in the automotive industry, primarily known for manufacturing automobiles, motorcycles, and outboard motors. The company is listed on the Tokyo Stock Exchange and focuses on delivering innovative and reliable transportation solutions globally.

YTD Price Performance: 1.28%

Average Trading Volume: 10,076,014

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen3514.6B

Find detailed analytics on 7269 stock on TipRanks’ Stock Analysis page.

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