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Nissan agrochem sales up 25% in Q1 2015
Aug. 7, 2014
Nissan agrochemicals sales increased by 24.6% to ¥12,335 million ($120 million at the current rate) in the three months ended June 30th 2014, according to Nissan’s consolidated financial report. Operating income rose by 75.2% to ¥3,981 million ($39 million). On a non-consolidated basis, agrochemical sales increased by 16%, with glyphosate sales up 38%. Non-consolidated sales grew by 9% if excluding glyphosate.
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Nissan agrochem sales (millions of Yen)
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|||
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Q1 ended June 30th
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Q1 2014
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Q1 2013
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% changes
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Sales
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12,335
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9,901
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24.6
|
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Operating income
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3,981
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2,272
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75.2
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The company forecasts the sales of the first half to be ¥17,600 million ($172 million), and full year sales to reach ¥43,900 million ($428 million). The operating income is expected to be ¥3,300 million ($32 million) for the first half, and ¥8,000 million ($78 million) for the full year.
Source: Nissan Chemical news release
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