Suzuki has recorded a strong growth over the period october-december and has posted a better-than-expected 23% jump in quarterly profit thanks to its small models such as the Swift and the SX4 which don’t suffer from the record-high fuel prices.
Suzuki realised an operating profit of £178 million when analysts expected the company to book £168 million. Net profit for the third quarter raised by 20% to £98 million, on a 12% increase in revenue to £5.3 billion.
Suzuki suffered less from the high gas prices than other car makers, but was also helped by its Indian venture with Maruti which recorded 24% rising net profit. On the third trimester, Suzuki increased its global production by 9.9% to 680,000 vehicles. Japan recorded a slow 6.1% increase while overseas sales jumped by 18%.
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