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Renault Group is revising its financial outlook for 2023

Renault Group is revising its financial outlook for 2023

This improvement is mainly determined by the quality of the sales mix due to the success of the new launches and the commercial policy focused on value

Considering the current level of performance, which is above initial expectations, Renault Group improves its financial outlook for the entire year 2023 and expects:

− an operating margin of the Group between 7% and 8% (vs. greater than or equal to 6% in the initial estimate)

an operational free cash flow from the Motor Vehicles Perimeter greater than or equal to 2.5 billion euros (compared to 2 billion euros previously)

For more information, please see the Romanian version of the article, here.

 

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