Renault : Q1 revenues broadly in line but lack of colour on the outlook could weigh
>Q1 2021 revenues broadly in line at € 10.0bn (-1.1%) - After some (strong) pre-releases from German peers in the past days, Renault released this morning Q1 21 revenues which came broadly in line with expectations at € 10.0bn (-1.1%, +4.4% excl. forex) vs consensus at € 9.9bn. As a reminder, this comes as the OEM already released earlier this week Q1 retail sales figures (see our daily) which were up 1% y-o-y (vs market up 22%) after a +41% increase in March (on low ...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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