Report
Michael Foundoukidis

Renault : Sans doute encore trop tôt pour prendre ce pari

>Pas de (nouvelle) mauvaise surprise - Alors que les craintes s’étaient intensifiées en amont de la publication, à la fois sur la situation financière (FCF, cash net) et donc la politique de retour à l’actionnaire (dividende), la publication, puis le management lors de la présentation, ont écarté un scénario du pire à court ou moyen terme. Par ailleurs, le management a également tenu à démontrer qu’il était pleinement à la tâche et que les chantiers étaient bel et bie...
Underlying
Renault SA

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.

Provider
Oddo BHF
Oddo BHF

​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.

Analysts
Michael Foundoukidis

Other Reports on these Companies
Other Reports from Oddo BHF

ResearchPool Subscriptions

Get the most out of your insights

Get in touch