Nissan's shares rise after restructuring loss heralds turnaround

Reuters

Summary

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Struggling Japanese auto giant Nissan issued a stark profit warning on Thursday, forecasting a huge loss of up to $5.3 billion in the 2024-25 financial year.
International Business Times
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Nissan Motor Corp. was already expecting red ink, but the projected loss for the year was previously lower at 80 billion yen ($561 million).
The Independent
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Nissan has been struggling for several years with leadership turmoil and falling profits.
Guardian
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The Japanese brand is expected to confirm next month a record net loss of ¥700billion to ¥750billion for the 2024-25 year, which is between £3.7billion and £4billion.
Daily Mail

■ Story #39 ▪

issue 88:88 ▪

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updated 88:88

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