Mazda Motor Corporation posted a profit for the 2013 fiscal year (FY) ending on 31 March, bolstered by the success of the Mazda CX-5, introduced in early 2012, and the new Mazda6 launched later in the fiscal year.

In Europe, too, things are looking up for the company despite the on-going stagnation of the region’s passenger car market.

Global revenue and profits exceeded the previous year’s figures in all categories, as revenue increased 8.5 per cent to €18.4 billion and operating profit rose to €449 million, a €772 million improvement. The company’s net profit was €286 million, up from a loss of €898 million in FY 2012.