The Japanese group Yonex has reported a 39 percent increase in operating income to ¥11,391 million (€72.5m) for the nine months ended Dec. 31.
Profit attributable to owners of the parent rose by 47 percent to ¥9,249 million (€58.8m). Total revenues were 19.5 percent higher at ¥101,758 million (€647.4m).
Yonex’s current FY outlook for the 12 months ending on March 31 calls for 12.8 percent operating profit growth to ¥13.1 billion (€83.3m) and a 12.9 percent year-over-year gain in profit attributable to owners of the parent at ¥10.0 billion (€63.6m). The company’s annual revenues are forecast to jump by 15.1 percent year-over-year to ¥134.0 billion (€852.5m).
