Renault: 5.4% organic sales growth in Q1
(CercleFinance.com) - The giant carmaker Renault has announced Q1 2018 sales of 13,155 million euros, stable (+0.
2%) as reported and up 5.4% like-for-like.
Renault's global registrations (including Jinbei and Huasong since 1 January 2018) rose by 4.8%, in a market that is up 2.7%. The group's market share currently stands at 4.0%, up 0.1 point compared to 2017.
Renault has confirmed its FY 2018 targets for growth in sales (at a constant consolidation scope and exchange rates), while maintaining an operating margin of over 6%, generating positive free operating cash flow at its automotive division.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
2%) as reported and up 5.4% like-for-like.
Renault's global registrations (including Jinbei and Huasong since 1 January 2018) rose by 4.8%, in a market that is up 2.7%. The group's market share currently stands at 4.0%, up 0.1 point compared to 2017.
Renault has confirmed its FY 2018 targets for growth in sales (at a constant consolidation scope and exchange rates), while maintaining an operating margin of over 6%, generating positive free operating cash flow at its automotive division.
Copyright (c) 2018 CercleFinance.com. All rights reserved.