Mazda sees op profit more than trebling this year

Newswire

TOKYO, April 26 (Reuters) - Mazda Motor Corp forecast on Tuesday more than trebling its operating profit this year, counting on the Mazda5 minivan and other new models to drive a sales recovery in the United States and Japan. For the year to March 2011, Mazda, held 11 percent by Ford Motor Co , expects an operating profit of 30 billion yen ($319.1 million), short of the average 43 billion yen forecast in a poll of 16 analysts, according to Thomson Reuters I/B/E/S. It expects annual net ...

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