Renault : Du bon et du moins bon
>Un signal positif sur la marge, moins sur la situation financière - La publication des résultats de Renault a certes montré des signaux encourageants dans le redressement du constructeur (marge groupe à 3.5% au S2 2020, soit un niveau supérieur à l’objectif 2023 du CMD de > 3%) mais aussi que le chantier restait important (marge Renault hors AvtoVaz faible) et que sa situation financière était toujours fragile avec un FCF plus faible qu’attendu (-15% vs css au S2) co...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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.