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The South Eastern Times : May 1st 2014
Contents
ADVERTISING FEATURE 7 Mazda posts record profit MAZDA Motor Corporation posted the highest operating profit in its 94-year history for the fiscal year ended on 31 March 2014. The Japanese carmaker earned a global operating profit of $1.9 billion*, a 238 per cent year-on-year increase and 12 per cent higher than the previous record set in 2008. In addition, profits strengthened steadily over the course of year: The fourth-quarter return on sales reached 7.6 per cent compared to 6.8 per cent for the full year and 2.4 per cent for the prior year. Mazda also recorded gains in all other key categories as ongoing structural reforms at the company gained traction. Global net earnings during fiscal 2013-14 quadrupled relative to the previous year to $1.4 billion on revenue of $28.3 billion, up 22 per cent. Worldwide sales volume, meanwhile, hit 1.33 million units, an 8 per cent gain. In Europe, unit sales were up 25 per cent to 163,000, also gaining steam in the second half. Among the major European markets, the UK outperformed with 35 per cent growth to 35,000 units, and Germany, Europe’s largest market, saw a 20 per cent gain to 47,000 units. Revenue in the region rose 28 per cent in spite of a stagnant European passenger car market. Elsewhere, Mazda boosted sales in Japan by 13 per cent to 244,000 units. Vehicle turnover in China was up 12 per cent to 196,000, while North American sales grew by 5 per cent to 391,000 units. Mazda’s performance down under remained strong, selling 104,000 units in Australia. Mazda is currently Australia’s secondbiggest automotive brand with a 10.4 per cent market share year-to-date. Mazda’s success can be attributed above all to its new-generation models. Featuring ground-breaking SKYACTIV Technology and award-winning KODO – Soul of Motion design, demand for the Mazda CX-5 and Mazda6 has remained extremely strong. All-New Mazda3, which arrived in the second-half, has also enjoyed a positive reception across the globe. The strong performance also reflects the company’s ongoing structural reforms to improve costs and establish global production. Mazda has thus achieved its profit goals well ahead of schedule, and even managed to beat its all-time record operating profit despite a far less favourable yen exchange rate than in 2008. By continuing its reform efforts, expanding global capacity – Mazda is now ramping up production at its new plant in Mexico and expanding its capabilities in Malaysia, Russia and Thailand – and pursuing an aggressive model-launch schedule, the company expects its top and bottom lines to increase further during the current fiscal year. The company forecasts a rise in full-year operating profits of $2.2 billion and net income of $1.7 billion. Global revenue, meanwhile, is pegged at $30.5 billion, up almost 8 per cent year-on-year. * Source: Mazda Motor Corporation’s “Consolidated Financial Results for the Fiscal Year Ended March 31, 2014”. ** EU, EFTA & Turkey HOLDEN DEMO CLEARANCE 3 YEARS FREE SERVICING ON ALL DEMO VEHICLES FEATURED THINK INCLUDES STRIPES & MATS VF COMMODORE SS SEDAN AUTO $41,890 +ORC Reg S977AZV INCLUDES MATS TRAX LTZ – AUTO $25,990 +ORC Reg S828AYV INCLUDES MATS VF COMMODORE OKE WAGON WHITE $35,890 +ORC Reg S993AZV “On Going Relations” www.thesoutheasterntimes.com.au INCLUDES MATS VF COMMODORE CALAIS V SEDAN AUTO $43,990 +ORCReg S169AYH COLORADO 7 LT AUTO $39,890 +ORC Reg S164AYH INCLUDES SPOILER & TINT CRUZE EQUIPE MANUAL HATCH $18,490 +ORC Reg S972AZU Price does not include Alloy wheels pictured. ASK IN STORE FOR MORE DETAILS INCLUDES ALLOY BULL BAR & MATS COLORADO LT CREW CAB AUTO $44,990 +ORC Reg S390BAW Jubilee Highway, Mount Gambier Phone 8724 1177 www.ogr.com.au LVD 2495 INCLUDES SPOILER, SAT NAV & MATS VF SV6 AUTO FANTALE ORANGE $38,490 +ORC Reg S994AZV OUR PREMIUM MECHANICAL PROTECTION PACKAGE ASK ABOUT ST GEORGE FINANCE AVAILABLE The South Eastern Times, Thursday, May 1, 2014 - 19 INCLUDES MATS VF COMMODORE SS MANUAL $39,890 +ORC Reg S027AYG HOLDEN Price does not include Alloy wheels pictured. ASK IN STORE FOR MORE DETAILS INCLUDES MATS & TINT 640114
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