Thursday, October 26, 2017

Renault''s revenue rises to 12.22 billion euros in the third quarter

Renault posted a 16 percent advance in the third quarter of 2017 in comparison with the same period last year, with high, driven by strong growth in the Americas and Eurasia. According to the French company, revenue rose from 10.55 billion euros between July and September 2016 to 12.22 billion euros in the same period this year. The results surpassed the expectations of 12.12 billion euros from analysts polled by FactSet.
Excluding the recent consolidation of Avtovaz, Group revenue rose 9.8 percent to 11.58 billion euros. On the Paris stock exchange, the role of Renault closed at high of 0.23%, to 83.59 euros.
Estadão – 24/10/2017
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