Renault: to update its strategy
(CercleFinance.com) - Renault Group will hold a CMD on Tuesday 8 November 2022.
On this occasion, its CEO and CFO will present an update of the group's strategy and the medium-term financial targets of the "Renaulution" plan.
Renault Group raised its financial outlook for 2022 at end-July, now expecting its operating margin to be above 5%, with free cash flow from automotive operations at over 1.5 billion euros.
In H1 2022, the company posted a net loss, group share, of 1.36 billion euros (4.98 euros per share), although had a positive operating margin of 4.7%, up 2.6 points.
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