Kawasaki unit sales +24 percent in Europe for Q3 2015Kawasaki is reporting that its motorcycle, ATV (All Terrain Vehicle), Utility Vehicle and PWC (Personal Watercraft/"jet ski") unit sales to dealers in Europe for the third quarter of 2015 (their Q2 2015/2016 financial year) are up by nearly 20 percent at 26,000 units compared to 21,000 units for the year-ago quarter.
Sales in the United States were 40,000 units, of which 19,000 were motorcycles, compared to 36,000/16,000 for the year-ago quarter.
In emerging markets the company reports 146,000 unit sales, compared to 201,000 for the corresponding period in 2014 (Q2 of their 2014/205 financial year); with domestic sales "flat" at 9,000 units for a total of 221,000 units worldwide (compared to 261,000 in 2014).
Total net sales revenue from worldwide motorcycle, ATV, Utility Vehicle and PWC unit sales was Yen 143 Billion, up from Yen 137.7 Billion in 2014 despite the global drop in units sold because of improved sales in "developed" markets (EMEA and North America) compared to the decrease in lower value units sold in emerging markets, mostly Indonesia.
Kawasaki is leaving its full 2015/2016 net sales and operating income forecast unchanged and is forecasting full financial year motorcycle and related vehicle sales of 60,000 units in Europe, 104,000 units in North America (of which 51,000 are anticipated to be motorcycle unit sales) and 531,000 units worldwide.
Kawasaki says its before-tax ROIC (EBIT/Capital Investment) from its motorcycle and related products division was 13.6 percent in the three months to September 30th 2015, compared to 12 percent in the three months to July 31st 2015, and 7.3 percent in their full 2014/2015 financial year return of 7.3 percent - again reflecting strengthening sales of higher priced products in higher value markets.
Overall corporate performance of all divisions saw the company record Yen 26.878 Billion for the six moths to September 30th 2015, compared to Yen 18.185 Billion for the year-ago period on total net sales of Yen 708.194 Billion, compared to Yen 633.422 billion with EPS (Earnings Per Share) up by over 48 percent.
www.khi.co.jp
