Thanasis Houdras writes for newsbeast.gr

The three-tiered company saw its sales decline by 5,3% in relation to A’ quarter of 2011 in global level. In particular, he had sold last year 1.689 million. points, while this year only 1.599 millions.

Because the large volume of sales is due to Asian markets, as causes of the reduction n Yamaha pointed to exchange rates and floods in Thailand.

However in the developed West during January – March saw an increase in sales. According to 25% in the now limited US market, where in absolute numbers he sold 20.000 motorcycles vs 16.000 last year. It had marginal gains in Europe as well, where he sold 45.000 two-wheelers, increasing 2% (from 43.000 last year at the same time).

This year Yamaha expects to sell 8.277 million two-wheelers worldwide, of which just 72.000 in the US and maybe others 150.000 in Europe. In which Europe the numbers are higher, because they also sell a lot more scooters than in the US.

In the quarterly balance sheet Yamaha reports gross income 2,099 di. euros worldwide. They are reduced by 4% compared to its first quarter 2011.

As for the profits, these amounted in the first quarter to 115.000.000 euro, amount representing a reduction 14%. This year the company expects total profits of "just" 170.000.000 euros from its global sales.

Source : newsbeast.gr