Renault has consolidated Russian Avtovaz for the first time. Based on the numbers the group released for H1 16, car registrations increased by 20% to 1.88m, Automobile revenue by 18% to €28.3bn, and EBIT by 18% to €1.82bn. Finally, net profit was up by 58% to €2.38bn as the at-equity contribution almost doubled to €1.32bn. This latter number was positively impacted by a sizeable increase of Nissan’s contribution (+72% to €1.29bn) and the disappearance of the Avt
28 Jul 2017
Superb H1 17 numbers
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Superb H1 17 numbers
Renault SA (RNO:WBO) | 0 0 2.2% | Mkt Cap: 26,021m
- Published:
28 Jul 2017 -
Author:
Hans-Peter Wodniok -
Pages:
2
Renault has consolidated Russian Avtovaz for the first time. Based on the numbers the group released for H1 16, car registrations increased by 20% to 1.88m, Automobile revenue by 18% to €28.3bn, and EBIT by 18% to €1.82bn. Finally, net profit was up by 58% to €2.38bn as the at-equity contribution almost doubled to €1.32bn. This latter number was positively impacted by a sizeable increase of Nissan’s contribution (+72% to €1.29bn) and the disappearance of the Avt