Consequently,
Renault falls after lowering its:
A Renault logo is visible outside a Renault car dealer in Arnhem.
RENAULT is clearly back on the stock market on Wednesday the day after a revision of the decline in its annual prospects. Similarly, allocated by the deterioration of the dynamics of the automotive market, the diamond group having also announced the appointment of its financial director Duncan Minto as an interim general manager. For example,
The action drops 13% on the Paris Stock Exchange around 07:15 GMT. Nevertheless,
The diamond group lowered its annual operating margin. Meanwhile, free cash flow forecast on Tuesday evening, invoking deterioration in market dynamics with increased commercial pressure from its renault falls after lowering its competitors, as well as the anticipation of the continuation of the ‘retail’ market.
He now says he expects operating margin around 6.5% in 2025, compared to at least 7% previously, and a free cash flow between 1.0 and 1.5 billion euros (compared to at least 2 billion euros previously).
“Previous forecasts> = 7.0% had been established taking into account a opposite wind linked to CO2 compliance. which should have faded with the softening of CO2 requirements, which involved a greater underlying deterioration”, analysis Jefferies in a note.
Renault was one of the few car manufacturers not to have warned its results last year despite an amorphous European market. increasing trade tensions around the world.
“The important results warning today. which occurs about a month after the DG departure, is clearly not useful,” said Berenberg analysts.
“That said, revised margin forecasts renault falls after lowering its of 6.5% for 2025 remain realistic in our opinion and compare itself favorably to most European companies,” they said.
According to Berenberg. the dynamics of Renault products should remain strong in 2025, which should “support the product mix in the coming quarters” and to alleviate the pressure of regulatory costs in the second half now that the European Parliament has adopted a relaxation of CO2 rules.
(Written by Diana Mandiá; with Etienne Breban; edited by Augustin Turpin)
Renault falls after lowering its
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