n n n ‘.concat(e.i18n.t(“search.voice.recognition_retry”),’n
Press February 8, 2023
Nissan contributes €797 million to Renault Group’s Full Year 2023 earnings
Nissan reported its effects for the third quarter of fiscal year 2023/2024 (April 1, 2023 to March 31, 2024).
Nissan’s results, published in Japanese accounting standards, for the third quarter of the 2023/2024 monetary year (October 1 to December 31, 2023), after the restatement of IFRS, will have a negative contribution to Groupe Renault’s fourth quarter 2023 net source of revenue. estimated at €-440 million1.
Thus, Nissan’s contribution to the Renault Group’s effects for the year 2023 amounts to €797 million.
As a reminder, following the sale through Groupe Renault of 211 million shares of Nissan announced on December 13, 2023, and the cancellation of the percentages acquired as part of the acquisition through Nissan, Groupe Renault’s holding position amounts to 40. 42% of Nissan’s share capital ( 15. 79% of Nissan’s shares are held directly and 24. 63% of the shares are held in French hands ( of which Renault is a beneficiary).
About the Renault Group The Renault Group is at the forefront of mobility that is being reinvented. Building on its alliance with Nissan and Mitsubishi Motors and its exclusive expertise in electrification, the Renault Group contains four complementary brands (Renault, Dacia, Alpine and Mobilize) that offer sustainable and cutting-edge mobility to its customers. With operations in more than 130 countries, the Group sold more than 2. 235 million cars in 2023. It employs around 106,000 more people who use Reason every day, so that mobility brings more united people closer together.
Ready to take on demanding situations both on the road and in competition, Groupe Renault is committed to an ambitious and value-generating transformation. This is based on the progression of new technologies and services, as well as a new diversity of cars that make it even more competitive, balanced and electrified. In line with environmental issues, the Group’s ambition is to achieve carbon neutrality in Europe by 2040.
More information: https://www. renaultgroup. com/fr/
RENAULT GROUP INVESTOR RELATIONS
Philippine de Schonen 33 6 thirteen forty-five 68 39philippine. de-schonen@renault. com
RENAULT GROUP PRESS RELATIONS
Rie Yamane 33 6 03 35 20rie. yamane@renault. com
1 Based on an average exchange rate of 159. 03 yen/euro for the revision of the time.
Attached
20240208_Renault Group_Press Release_2023 Nissan contribution