Fujitsu forecasts strong increase in FY profit

Friday 28 April 2017 | 10:45 CET | News
Fujitsu reported full-year profits slightly ahead of its outlook and said it expects a further big increase in the year to March 2018 as restructuring measures start to pay off. In the past fiscal year, net profit rose by JPY 1.7 billion to JPY 88.4 billion, ahead of its forecast of JPY 85 billion, and operating profit improved 7 percent to JPY 128.8 billion, also slightly better than expected. In addition to higher revenue from enterprise PCs and Mobilewear, operating profit benefited from cost savings in PCs and mobile phones. Sales were in line with the outlook, at JPY 4.51 trillion,

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Categories: IT / Mobile & Wireless
Companies: Fujitsu
Countries: Japan / World
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