Renault : Can it convert the try in 2022?
>Solid numbers set to drive consensus upgrades - Renault reported solid 2021 earnings last Friday, beating its guidance and market expectations. The group was, like its peers, boosted by very favourable sector momentum in the current context (notably the mix, pricing, used vehicles, financial services performance), but it also benefited from its cost-cutting efforts ahead of schedule (fixed costs, lower breakeven). All told, this allowed the group to post an operating...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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