Renault : Positioning still fragile
>Estimates revised down but still above expectations - We have revised down our estimates ahead of the presentation of the group’s electrification strategy on 30 June (detailed preview on the following page) and the release of interim results (30 July). The magnitude of these revisions (-61% for 2021, -25% for 2022) above all reflects the low level of results in absolute terms but also the weight of the contribution from Nissan (the bulk of our revisions) within resul...Renault is an automobile manufacturer. Co.'s activities have been organized into two main business sectors, in more than 120 countries: Automotive and Sales Financing. Co. designs, develops and sells passenger cars and light commercial vehicles. Following the acquisition of Romanian carmaker Dacia and Samsung Motors' operating assets in South Korea, Co. has three automotive brands: Renault, Dacia and Samsung. RCI Banque, Co.'s captive financing arm, finances sales of the Renault, Renault Samsung Motors (RSM) and Dacia brands, and, in Europe, the Nissan and Infiniti brands. In addition to these two activities, Co. has equity investments in the following two companies: Nissan and AVTOVAZ.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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