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Anthony Dick ...
  • Michael Foundoukidis

Renault : Un S1 qui souligne l’étendue du chantier de Luca de Meo

>Une publication compliquée comme l’on pouvait s’y attendre - Renault a publié, hier, des résultats S1 20 sans surprise très marqués par la crise et par la forte chute des volumes (-35%) avec une perte opérationnelle Auto de 1.6 Md€ (MOP de -10.5%) et un cash burn de 6.4 Md€. Si le management s’est montré confiant sur sa dynamique commerciale arguant d’un carnet de commandes solide à fin juin, la visibilité reste trop faible pour être en mesure de donner une guidance...
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
Anthony Dick

Michael Foundoukidis

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