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Japan: Honda raises FY2011 forecasts

Honda has reported 17.9% growth in revenue in Q1 of its current fiscal year (FY2011), with operating earnings rising 832% to generate a margin of just under 10%. On the basis of these much improved results, the company has revised its earnings forecasts for FY2011 upwards. The OEM is now forecasting Subscribe to Automotive World … Continued

Honda has reported 17.9% growth in revenue in Q1 of its current fiscal year (FY2011), with operating earnings rising 832% to generate a margin of just under 10%. On the basis of these much improved results, the company has revised its earnings forecasts for FY2011 upwards.

The OEM is now forecasting

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https://www.automotiveworld.com/articles/83136-japan-honda-raises-fy2011-forecasts/

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