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Subaru Q2 2023/24 results

Jonathan Storey takes a closer look at the latest financial results from Subaru

Subaru reported a healthy increase in profit for its fiscal second-quarter and boosted its full-year operating profit forecast by 40%, mainly in response to more favourable exchange rates. The company has not yet returned to the double-digit operating margins (11.7-17.5%) it enjoyed in the five years to March 2018, but it looks to have rebounded from its mostly lacklustre performance since then.

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https://www.automotiveworld.com/articles/subaru-q2-2023-24-results/

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