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Suzuki Q3 2023/24 results

The automaker is now targeting a full year margin on 8.3%, the highest since 2018/19, writes Jonathan Storey

Suzuki reported record revenue and profits for its fiscal third-quarter and first nine months as a solid underlying performance was enhanced by favourable exchange rates.

Group revenue grew by 7.3% to ¥1,283bn, with higher contributions by two of the three main divisions (automobile and motorcycle) slightly offset by a 17% drop in the marine business, the smallest division.

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