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Suzuki sticks with downbeat forecast for second-half

Although Suzuki posted a strong H1 2024 performance, its forecast for the second half strikes a decidedly pessimistic tone, writes Jonathan Storey

We thought Suzuki's Q1 forecast of a full-year profit decline looked pessimistic, and following a strong set of results in Q2 the company has come round to our way of thinking, now anticipating a full-year operating profit increase. However, the forecast increase is entirely attributable to the strong first-half performance, with a double-digit decline expected in the second-half.

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