Nissan tough-guy defence looks shaky petesweeneypro
Nissan Motor on May 14 forecast a 28% drop in operating profit to 230 billion yen for the year ending March 2020, versus 318 billion yen in 2019. That compares with an average forecast of 457 billion yen, according to analyst estimates compiled by Refinitiv.
The company also cut its dividend guidance for the year ending March 2020 to 40 yen per share, down from 57 yen per share.
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