Renault Q1 revenue 11.707 bln eur, up 1.8%
Confirms FY guidance (Il Sole 24 Ore Radiocor) - Paris, 23 Apr - The French car maker Renault said that in the first quarter revenue totalled 11.707 billion euros, up a reported 1.8% and up 5.9% at constant exchange rate compared to a year earlier.
Worldwide group sales amounted to 549,099 vehicles, up 2.6%.
In Europe, sales were up 4.3%.
Automotive revenue stood at 10.446 billion euros, down a reported 0.7% but up3.6% at constant exchange rates.
The group confirmed its 2024 financial outlook. It expects an operating margin of at least 7.5% and a free cash flow of at least 2.5 billion euros.
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(RADIOCOR) 23-04-24 08:19:21 (0164) 5 NNNN