Renault Group: Nissan contributes -€73 million for first quarter 2021 to Renault’s earnings
11 Mai 2021 - 11:05AM
Renault Group: Nissan contributes -€73 million for first quarter
2021 to Renault’s earnings
Nissan contributes -€73 million for first
quarter 2021 to Renault’s earnings
Boulogne-Billancourt, May 11th, 2021
Nissan released today its results for the fourth
quarter of fiscal year 2020/2021 (April 1st, 2020 to March 31st,
2021).
Nissan’s results, published in Japanese
accounting standards, for the fourth quarter of fiscal year
2020/2021 (January 1st to March 31st, 2021), after IFRS
restatements, will have a negative contribution to Renault’s first
quarter 2021 net income estimated at -€73 million (1).
(1) based on an average exchange rate of 127.7
yen/euro for the period under review.
RENAULT
GROUP PRESS |
Rie
Yamane+33 6 03 16 35 20rie.yamane@renault.com |
|
About Renault Group Renault
Group is at the forefront of a mobility that is reinventing itself.
Strengthened by its alliance with Nissan and Mitsubishi Motors, and
its unique expertise in electrification, Renault Group comprises 5
complementary brands - Renault, Dacia, LADA, Alpine and Mobilize -
offering sustainable and innovative mobility solutions to its
customers. Established in more than 130 countries, the Group has
sold 2.9 million vehicles in 2020. It employs more than 170,000
people who embody its Purpose every day, so that mobility brings
people closer. Ready to pursue challenges both on the road and in
competition, Renault Group is committed to an ambitious
transformation that will generate value. This is centred on the
development of new technologies and services, and a new range of
even more competitive, balanced and electrified vehicles. In line
with environmental challenges, the Group’s ambition is to achieve
carbon neutrality in Europe by 2050.
https://www.renaultgroup.com/en/
- EN 20210511_Renault Group_ Nissan contribution Q1
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