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Nissan CFO Leondis - Our Liquidity Remains Solid With 2.2 Trillion Yen In Automotive Cash And Cash Equivalents And 1.88 Trillion Yen In Unused Committed Credit Lines

By Reuters News

Nov 11 (Reuters) - NISSAN MOTOR CO., LTD. 7201.T:

  • NISSAN CFO LEONDIS: OUR LIQUIDITY REMAINS SOLID WITH 2.2 TRILLION YEN IN AUTOMOTIVE CASH AND CASH EQUIVALENTS AND 1.88 TRILLION YEN IN UNUSED COMMITTED CREDIT LINES

  • NISSAN CFO LEONDIS: IN FY FIRST HALF, LOGISTICS WERE A HEADWIND, LARGELY REFLECTING DISRUPTIONS IN THE MIDDLE EAST

  • NISSAN CEO ESPINOSA: WILL SHARE NEW BUSINESS PLAN IN FEBRUARY

  • NISSAN CFO LEONDIS: HAD SOME SETTLEMENTS OF ABOVE-THE-LINE TAXES IN SOME JURISDICTIONS THAT AFFECTED OUR SECOND-QUARTER PROFIT

  • NISSAN CFO LEONDIS: WE ARE BROADLY IN LINE WITH OUR ORIGINAL FIRST-HALF PLAN

  • NISSAN CEO ESPINOSA: DROP IN CHINA SALES WAS MAGNIFIED IN THE LAST THREE MONTHS, MARKET IS VERY HARSH

Source text: [ID:]

Further company coverage: 7201.T

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