Renault (RNO FP) Q1 (EUR): Revenue 11.68bln (exp. 11.7bln); maintains FY operating margin target of at least 7% (exp. 7.26%); confirms FY25 outlook
- Automotive revenue 10.13bln (exp. 10.26bln).
- In very unstable macro environment, decided to proactively engage additional cost reduction measures.
- CFO says prefers to be careful on costs and could delay some non-major projects.
- Says do not see any impact from tariffs yet, no supply chain disruption at this stage.
- May delay plan to sell Alpines in US over tariffs.
24 Apr 2025 - 06:03- EquitiesImportant- Source: Newswires
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