Renault : Roadshow feedback – confident message
>Solid foundations to allow the group to look ahead with assurance - We held a roadshow for US investors in the presence of Luca de Meo, CEO of Renault, and Thierry Piéton, CFO. It was an opportunity for management to recall the important work of cutting costs (fixed costs down 30%, breakeven lowered by >40%) and the clean-out (retail focus, brand-centric approach) undertaken over the last two years as part of the Renaulution plan, which allows the group to target an ...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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