Mazda Q1 falls, forecast holds on Europe strength

Newswire

TOKYO, July 31 (Reuters) - Mazda Motor Corp posted on Thursday a 12 percent fall in quarterly operating profit, largely within expectations, as healthy European and U.S. sales dampened the impact of a weaker dollar, and it kept its forecasts unchanged. April-June operating profit at Mazda, owned one-third by Ford Motor Co , was 28.26 billion yen ($262 million), compared with an average estimate of 28.3 billion yen in a Reuters poll of eight brokerages. First-quarter net profit came to ...

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