Renault consolidated its 37.3% indirect stake in Russian Avtovaz at-equity earlier last year but has increased this stake further late last year. As a result, it is expected to fully-consolidate it with the release of the final 2016 accounts.
17 Jan 2017
Avtovaz expected to be FCF positive after 2020
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Avtovaz expected to be FCF positive after 2020
Renault SA (RNO:WBO) | 0 0 2.2% | Mkt Cap: 26,021m
- Published:
17 Jan 2017 -
Author:
Hans-Peter Wodniok -
Pages:
2
Renault consolidated its 37.3% indirect stake in Russian Avtovaz at-equity earlier last year but has increased this stake further late last year. As a result, it is expected to fully-consolidate it with the release of the final 2016 accounts.