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Nissan Motor has announced operating profits of ¥367.1 billion (€2.26 billion) for the first half of the 2007 financial year, which ended on 30 September. The profits were 5.3 per cent higher than in the same period last year.

In the six months the group sold 1,816,000 vehicles worldwide, an increase of 6.3 per cent over 2006.

President and CEO Carlos Ghosn said: "With many further exciting products to come, Nissan is back on track towards sustainable profuitable growth."

Net revenues were particularly buoyant in the second quarter from July to September, with a rise of 12.7 per cent compared to the same period in 2006.

Nissan's forecast for full-year earnings remains unchanged at ¥800 billion, or €5.41 billion.