Renault: Q1 sales of 13,129 million euros (+25.2%).
(CercleFinance.com) - Renault's sales reached 13,129 million euros in the first quarter of 2017 (+25.
2%). Excluding the impact of the consolidation of AVTOVAZ, group sales rose by 19.7% to 12,560 million euros (+18.4% excluding FX factors).
Automobile sales excluding AVTOVAZ amounted to 11,939 million euros (+20.1%), largely thanks to increased volumes (+9.2 points).
In 2017, the global market is expected to grow by 1.5% to 2.5% (against 1.5-2% forecast previously). The European market is still expected to report 2% growth over the period. The French market also expected to increase by 2%.
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