Honda Motor's Strong Financial Results and Future Strategy - Q4 2024 Earnings Call Summary
Friday, 10 May 2024, 12:30
Honda Motor - Q4 2024 Earnings Call Highlights
Financial Performance:
- Operating profit reached a historical high of JPY 1,381.9 trillion in FY '24.
- Strong sales in North America and improved profitability in the hybrid segment drove the performance.
Future Strategy:
- Honda aims to achieve an operating profit of JPY 1,420 trillion with an operating profit margin of 7% in FY '25.
- The company plans to focus on electrification and expand its electric vehicle lineup.
Honda Motor's Q4 2024 earnings call transcript highlighted the company's impressive financial results and strategic focus on electrification for future growth and profitability.
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