Renault Group: Nissan's contribution to Renault Group's Q1 2024 earnings [Yahoo! Finance]
RENAULT SA UNSP/ADR (RNLSY)
NASDAQ:AMEX Investor Relations:
group.renault.com/en/finance-2
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Source: Yahoo! Finance
Nissan released today its results for the fourth quarter of fiscal year 2023/2024 (April 1 st ,2023 to March 31 st Nissan's results, published in Japanese accounting standards, for the fourth quarter of fiscal year 2023/2024 (January 1 st to March 31 st , 2024), after IFRS restatements, will have a positive contribution to Renault Group's first quarter 2024 net income estimated at €225 million As a reminder, following the sales by Renault Group of 211 million and 99.1 million Nissan shares announced on December 13, 2023 and March 28, 2024, respectively, and the cancellation of the acquired shares as part of the buyback by Nissan, Renault Group's holding position as of April 3 rd , 2024 amounts to 38.92% of Nissan's capital (16.19% of Nissan shares are held directly and 22.73% of shares are held in the French trust of which Renault Group is the beneficiary). About Renault Group Renault Group is at the forefront of a mobility that is reinventing itself. Strengthened by its alli
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