Renault price target lowered to EUR 45 from EUR 47.50 at Barclays
Barclays lowered the firm's price target on Renault to EUR 45 from EUR 47.50 and keeps an Overweight rating on the shares.
Renault SA (RNSDF) Q3 2024 Sales/Trading Statement Call Transcript
Renault SA (OTCPK:RNSDF) Q3 2024 Sales/Trading Statement Call October 24, 2024 2:00 AM ET Company Participants Philippine de Schonen - Director-Investor Relations Thierry Pieton - Chief Financial Officer Denis Le Vot - Dacia CEO and Renault Group Chief Supply Chain Officer Conference Call Participants Pushkar Tendolkar - HSBC George Galliers - Goldman Sachs Thomas Besson - Kepler Cheuvreux José Asumendi - JPMorgan Philippe Houchois - Jeffries Renato Gargiulo - Intesa Philippine de Schonen Good morning, everyone, and welcome to this Q3 Sales and Revenue Conference. The presentation will be made by Thierry Pieton, Renault Group CFO; and will be followed by Q&A session.
Renault Backs Guidance as Revenue Rises
The French carmaker backed its outlook for the year after third-quarter revenue rose despite a decrease in group car sales.
Renault posts forecast-beating 1.8% rise in Q3 sales
French carmaker Renault reported an unexpected rise in quarterly revenues on Thursday, as strong demand for its pricier new models helped it offset lower total volumes.
Renault reports 1.8% rise in Q3 sales
French carmaker Renault reported an unexpected rise in quarterly revenues on Thursday, as strong demand for its pricier new models helped it offset lower total volumes.
China Tariffs: Europe's EV Market Needs Cooperation, Renault CEO Says
Renault CEO Luca de Meo says ramping up electrification in Europe will be more difficult if policymakers fail to reach agreements involving raw materials and batteries. "We need to find a deal with China,” de Meo told Bloomberg's Oliver Crook at the Paris Motor Show.
Focus: Low-cost hybrid tech gives Renault breathing space in tough EV transition
Renault CEO Luca de Meo's bet on a low-cost gearbox technology is allowing the French carmaker to gain ground in Europe's fast-growing hybrid car market, giving it some breathing space as rivals get squeezed by the electric mobility challenge.
Renault Group Is Not A Straightforward Buy
1H 2024 saw revenue growth and record operating margin, but the market reaction was negative. The outlook for 2024 is cautious, with a slight decrease in margin and free cash flow. Despite progress on transformation, Renault faces stiff competition and headwinds in the European market.
Renault Argentina announces $350 mln investment to build new pickup model
French carmaker Renault's Argentine unit will invest $350 million to begin producing a new pickup truck model at its Santa Isabel plant in Cordoba, Argentina's economy ministry said on Tuesday.
Renault CEO says sector could face billions in fines as EV sales slow
Europe's autos industry could face fines of 15 billion euros ($17.4 billion) for carbon emissions due to slowing demand for electric vehicles, Renault CEO Luca de Meo said on Saturday.
Aramco still pursuing deals while keeping Renault-Geely engine jv stake at 10%, executive says
State-controlled oil company Saudi Aramco does not plan to increase its 10% stake in fuel-based engines joint venture Horse Powertrain while it continues to pursue more deals to expand its downstream presence, a senior executive told Reuters.
Renault SA (RNSDF) H1 2024 Earnings Call Transcript
Renault SA (OTCPK:RNSDF) H1 2024 Earnings Conference Call July 25, 2024 2:00 AM ET Company Participants Philippine de Schonen – Director-Investor Relations Luca de Meo – Chief Executive Officer Thierry Pieton – Chief Financial Officer François Provost – Chief Procurement, Partnerships & Public Affairs Officer Gilles Le Borgne – Chief Technology Officer Conference Call Participants Thomas Besson – Kepler Cheuvreux Michael Jacks – Bank of America George Galliers – Goldman Sachs Renato Gargiulo – Intesa Stephen Reitman – Bernstein Pushkar Tendolkar – HSBC José Asumendi – JPMorgan Philippine de Schonen Good morning, everyone, and welcome to Renault Group H1 Results. This presentation will be made by Luca de Meo, CEO; Thierry Pieton, CFO; and the management team of Renault Group.
