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Nissan Q1 2023/24 results

Even with a stronger than expected Q1 operating profit Nissan still trails most of its domestic rivals, writes Jonathan Storey

Nissan beat consensus forecasts with a near-doubling of Q1 operating profit, giving it the confidence to raise its full-year forecasts. However, the company remains a long way behind its domestic peers, all of which (with the exception of Mazda) reported substantially higher margins for the period.

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