Renault Group: 2024 Q1 Group revenue at €11.7 billion, +5.9% at constant exchange rate; in the starting-blocks for the upcoming product offensive [Yahoo! Finance]
RENAULT SA UNSP/ADR (RNLSY)
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group.renault.com/en/finance-2
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Source: Yahoo! Finance
in the starting-blocks for the upcoming product offensive Renault Group worldwide sales amounted to 549,099 vehicles in the first quarter, up 2.6% versus 2023 Q1. In Europe , Group sales were up 4.3%. Group revenue at €11,707 million, +1.8% and +5.9% at constant exchange rate versus 2023 Q1. Automotive revenue at €10,446 million, -0.7% and +3.6% at constant exchange rate versus 2023 Q1. Strong orderbook in Europe at 2.5 months of forward sales reflecting the success of products and a very good start of the year in terms of order intake even though the key product launches are scheduled throughout the rest of the year. Renault Group continues its commercial policy focused on value with a focus on retail channel (66% of sales ), on the C-segment & above (37% of sales ), on high trim versions which represented a large majority of last launches and on electrification with hybrid and EV offers (48% of sales Renault Group confirms its 2024 financial outlook Group operating ma
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