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Mitsubishi Motors anticipates much stronger H2

Jonathan Storey takes a deep dive into the latest results from Mitsubishi Motors

Mitsubishi Motors (MMC) began 2024/25 anticipating a negligible drop in full-year operating profit and has stuck to this forecast, but the 13% drop over the first six months means there is some heavy lifting to be done in H2.   Second-quarter group revenue fell 2.2% to ¥680bn, as wholesale volumes fell by 6.5%, but the sales mix, pricing and exchange rates were favourable.

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