Renault’s H1 results release gave encouraging signs that the company is well ahead of the strategic objectives set during the Renaulution CMD and the previous cost savings programme. While volumes and revenues are not close to the pre-pandemic levels, a quicker return to profitability for the auto division support a brighter FY21 scenario, even if semiconductor supply issues will extend into H2.
30 Jul 2021
H1 21: making solid progress on turnaround objectives
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H1 21: making solid progress on turnaround objectives
- Published:
30 Jul 2021 -
Author:
Jorge Velandia -
Pages:
3
Renault’s H1 results release gave encouraging signs that the company is well ahead of the strategic objectives set during the Renaulution CMD and the previous cost savings programme. While volumes and revenues are not close to the pre-pandemic levels, a quicker return to profitability for the auto division support a brighter FY21 scenario, even if semiconductor supply issues will extend into H2.