Nissan Q3 2022/23 results

Nissan's Q3 group revenue rose by 29% thanks to growth in wholesales and improvement in the sales mix. By Jonty Storey

Following its return to profit for the 2021/22 fiscal year Nissan reported a drop in profit for Q1 2022/23 but returned to growth in the next two quarters. The growth was helped by favourable exchange rates but, unlike some of its compatriots, this was not the dominant factor in the improvement which was led by higher net pricing.

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