Renault : The right answer
>A performance that further strengthens the management’s track record - Yesterday’s announcement allowed Renault to finish closing the performance gap (+22% since the start of June, +5% yesterday) and again show a slight outperformance vs the SXAP YTD (+22%, +1 point vs SXAP) after a very challenging period for the OEM on the stock market in the spring (-28% between the high on 16/02 and the low on 31/05), notably due to mounting fears regarding the environment in Eur...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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