RNO Renault SA

RENAULT GROUP: Nissan's contribution to Renault Group's Q2-2023 earnings

RENAULT GROUP: Nissan's contribution to Renault Group's Q2-2023 earnings

July 26th, 2023

Nissan contributes €271 million for second quarter 2023 to Renault Group’s earnings

Nissan released today its results for the first quarter of fiscal year 2023/2024 (April 1st, 2023 to March 31st, 2024).

Nissan’s results, published in Japanese accounting standards, for the first quarter of fiscal year 2023/2024 (April 1st to June 30th, 2023), after IFRS restatements, will have a positive contribution to Renault Group’s second quarter 2023 net income estimated at €271 million (1).

(1) based on an average exchange rate of 149,5 yen/euro for the period under review.

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26/07/2023

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