Posted Apr 20, 2023, 8:18 AMUpdated on Apr 20, 2023, 11:22 AM
Investor reactions are sometimes surprising and Renault saw this Thursday morning at its expense. The tricolor manufacturer has unveiled a turnover up nearly 30% over the first three months of the year, to 11.5 billion euros. A figure very slightly higher than the consensus of analysts, and accompanied by reassuring prospects for the order book. However, these results did not convince the stock market: the stock lost more than 6% at the opening on Thursday morning.
The presentation of the commercial results of the Renault and Dacia brands, at the beginning of the week, had already given an idea of the increase in sales. These, for the group as a whole, increased in the first quarter by 14.1% over one year, mainly thanks to the dynamism of the former Romanian brand.