Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

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

RENAULT (RNO)
Mes dernières consult.
Most popular
Report
Real-time Quote. Real-time Tradegate - 12/11 09:39:25 pm
84.147 EUR   -0.31%
12/06RENAULT : Back on an important level
12/01 EXCLUSIVE - VOL : sources
12/01 RENAULT : Sorento gets major upgrade
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

Renault : Targets Revenue of EUR70 Billion in Six-Year Plan

share with twitter share with LinkedIn share with facebook
share via e-mail
0
10/06/2017 | 09:28am CET
   By Max Bernhard 
 

Renault SA (RNO.FR) targets revenues of more than 70 billion euros ($82.1 billion) by 2022, according to the strategic six-year plan the company published Friday.

The French car maker said it expects volumes to grow by more than 40% to 5 million units by the end of its 2017-2022 plan compared with the 3.5 million units it sold in 2016. By the end of 2022 the group aims to reach an operating margin of more than 7%, said Renault.

Renault plans to save EUR4.2 billion from now until 2022 as part of its Monozukuri manufacturing system, a strategy adopted from Japanese car makers. The strategic plan also includes research-and-development investments of EUR18 billion over the six years.

The company said it aims to develop mobility technology such as ride-hailing and robo-taxi services, while it also plans to produce eight pure-electric vehicles.

Renault added that it aims to expand its presence in Russia and take advantage of market opportunities in Brazil, India and Iran. It said it sees opportunities in China with its new joint ventures.

Write to Max Bernhard at [email protected]; @mxbernhard

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on RENAULT
12/10 RENAULT : Thousands participate in NBK’s Walkathon titled ‘We’..
12/10 RENAULT : Trucks and Metito Qatar continue to drive success
12/10 RENAULT KOLEOS REVIEW : ‘What’s happened to the third row of seats?&..
12/08 RENAULT : sponsors The Voice Arabia
12/08 RENAULT : Mercedes to share this new 1.3 turbo engine
12/04 RENAULT : Al-Futtaim set to confirm new Renault dealers in Pakistan
12/03 RENAULT : Koleos offers style, comfort and advanced technologies
12/01 EXCLUSIVE - VOLKSWAGEN IN TALKS TO B : sources
12/01 RENAULT : Sorento gets major upgrade
12/01 EXCLUSIVE : Nissan sues India over outstanding dues; seeks over $770 million
More news
News from SeekingAlpha
12/06 RENAULT : Upside Potential And Income Appeal
12/05 Tesla's Future In Europe Looks More Precarious
12/01 EV Company News For The Month Of November 2017
11/16 RENAULT OCTOBER EUROPE CAR REGISTRAT : +18%
11/01 EV Company News For The Month Of October 2017
Financials (€)
Sales 2017 59 061 M
EBIT 2017 3 644 M
Net income 2017 4 297 M
Finance 2017 3 617 M
Yield 2017 4,15%
P/E ratio 2017 5,40
P/E ratio 2018 5,36
EV / Sales 2017 0,36x
EV / Sales 2018 0,34x
Capitalization 24 962 M
Chart RENAULT
Duration : Period :
Renault Technical Analysis Chart | RNO | FR0000131906 | 4-Traders
Technical analysis trends RENAULT
Short TermMid-TermLong Term
TrendsBearishBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 26
Average target price 99,3 €
Spread / Average Target 18%
EPS Revisions
Managers
NameTitle
Carlos Ghosn Bichara Chairman & Chief Executive Officer
Clotilde Delbos Chief Financial Officer
Gaspar Gascon Abellan Executive Vice President-Product Engineering
Philippe Lagayette Lead Independent Director
Marc Ladreit de Lacharrière Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
RENAULT-0.70%29 377
TOYOTA MOTOR CORP2.04%201 786
VOLKSWAGEN24.41%100 849
DAIMLER-0.99%88 511
BAYERISCHE MOTOREN WERKE-3.71%65 318
HONDA MOTOR CO LTD10.65%60 233