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4-Traders Homepage  >  Equities  >  Euronext Paris  >  Renault    RNO   FR0000131906

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Renault : First-Half Vehicle Sales Climb 10%

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07/17/2017 | 11:21am CET

By Eric Sylvers

Renault SA (RNO.FR) Monday said its worldwide vehicle sales rose 10% in the first half, far outstripping the wider market, as the French car maker benefited from the introduction of revamped models and booked strong growth in many emerging markets

Renault sold 1.88 million vehicles in the first six months of the year compared with 1.70 million in the same period last year. The wider market advanced 2.6% in the first half, according to Renault.

Sales in the Americas grew 15% in the wake of market recoveries in Brazil and Argentina. In the Asia Pacific region, sales advanced 51% and in Russia Renault saw the first increase in volume in four years.

In France, the company's largest single market, sales rose a modest 1.8%, but it was Renault's best first-half showing in its home country in six years.

The company said it sees the global car market growing between 1.5% and 2.5% this years with the European market excepted to have a 2% advance. Growth is expected to be 5% in Russia, Brazil and China.

Write to Eric Sylvers at [email protected]

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Financials (€)
Sales 2018 61 955 M
EBIT 2018 3 837 M
Net income 2018 4 402 M
Finance 2018 4 043 M
Yield 2018 4,26%
P/E ratio 2018 5,54
P/E ratio 2019 5,33
EV / Sales 2018 0,35x
EV / Sales 2019 0,33x
Capitalization 25 964 M
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Renault Technical Analysis Chart | RNO | FR0000131906 | 4-Traders
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Mean consensus OUTPERFORM
Number of Analysts 25
Average target price 101 €
Spread / Average Target 15%
EPS Revisions
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NameTitle
Carlos Ghosn Bichara Chairman & Chief Executive Officer
Thierry Bolloré Chief Competitive Officer
Clotilde Delbos Chief Financial Officer
Gaspar Gascon Abellan Executive Vice President-Product Engineering
Philippe Lagayette Lead Independent Director
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