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Renault: confirms financial outlook

(CercleFinance.com) - Renault has reported 9m sales of E37.
4bn, up 21.1% y-o-y (+25.3% at constant exchange rates).

Automobile sales reached E34.2bn, up 20.1% y-o-y (+24.2% at constant exchange rates).

Group sales were up 10.9% worldwide, and 21.3% in Europe.

In Q3 2023, Group sales came to E10.5bn, up 7.6% y-o-y (+13.8% at constant exchange rates).

Renault confirms its financial outlook for 2023, including a group operating margin of 7% to 8% and free cash flow of at least E2.5bn, while forecasting a higher OM in H2 than in H1, which stood at 7.6%..


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