Honda global motorcycle sales +11.4% units for Q1
For the first quarter of its 2018 to 2019 financial year (the three months to June 30), Honda has announced consolidated motorcycle sales of 3,615,000 units; up by 11.4 percent (370,000 units) from the first quarter fiscal 2017/2018.
Their total corporate sales revenue (including automotive and Power Products) was up by over 311bn yen for the period (+8.38 percent) at 4,024.1bn yen; operating profit was up by 30.1bn yen (+11.2%) and attributing profit for the period was up by 37bn yen after taxes (+17.85%) at 244.3bn yen.
Honda Group unit sales (motorcycles, ATV and SxS) were +653,000 units for the first quarter (+13.9%) with 80,000 sold in Europe, 72,000 sold in north America and 49,000 in Japan (4,840,000 were sold in Asia, 311,000 in other regions).
Motorcycle sales revenue was 554.9bn yen (+9.1%); operating profit margin was 16.6% at 92.1bn yen. Overall corporate operating profit margin was up by +5.7% in Europe to 7bn yen.