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The latest update is out from Exedy Corporation ( (JP:7278) ).
EXEDY Corporation’s financial results for the third quarter of FY2024 show a modest increase in revenue by 0.6% compared to the previous year, with significant improvements in operating profit and profit before tax by 40.4% and 30.9% respectively. The company has revised its dividend forecast to 250 yen per share and anticipates a decrease in revenue by 2.7% for the full fiscal year, reflecting its strategic adjustments to remain competitive in the global automotive market.
More about Exedy Corporation
EXEDY Corporation operates in the automotive industry, specializing in the production and supply of clutch and transmission systems. The company focuses on providing high-performance products to both original equipment manufacturers (OEMs) and the aftermarket sector, with a strong presence in the global market.
YTD Price Performance: 0.0%
Average Trading Volume: 50
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €1.26B
See more insights into 7278 stock on TipRanks’ Stock Analysis page.
