Renault: Q1 sales up almost 2%

(CercleFinance.com) - Renault today reports Q1 2024 sales that are up 1.
8% (+5.9% at constant exchange rates) at E11.7bn, with automotive sales that are actually down 0.7% (+3.6% at constant exchange rates) atjust over E10.4bn.

In terms of volumes, global sales rose by 2.6% to 549,099 vehicles, thanks to the dynamism of its three brands (+3.1% for Renault, +3.6% for Dacia and +88.8% for Alpine). In Europe, it maintained its third position with 391,490 sales (+4.3%).

With 10 models set to be launched by the end of the year, Renault confirms its financial outlook for 2024, including a group operating margin of at least 7.5% and FCF of E2.5bn or more.


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