• Car Dealer Plus
No Result
View All Result
  • Latest
  • Used Cars
  • Live
  • Forum
  • Power 2020
  • Used Car Awards
  • CDX
  • Knowledge
  • Suppliers Guide
  • About Us
  • Latest Issue
  • Top 100
  • CD Plus
  • Latest
  • Used Cars
  • Live
  • Forum
  • Power 2020
  • Used Car Awards
  • CDX
  • Knowledge
  • Suppliers Guide
  • About Us
  • Latest Issue
  • Top 100
  • CD Plus
No Result
View All Result

Renault’s half-year results

James Batchelor by James Batchelor
July 30, 2012
0
Home News

RENAULT Group has announced its half-year results – and it’s a mixed picture.

The group sold 1.33m units in the first six months of this year – that’s down 3.3 per cent on the first-half of 2011. ‘Low sales in Europe were only partly offset by strong international growth,’ said a Renault statement.

Revenues came to €20,935m (£16.3bn), down 0.8 per cent year-on-year, and the group posted an operating margin of €482m (£377m), or 2.3 per cent of revenues, compared with €630m (£492m), or 3.0 per cent of revenues, in the first-half 2011.

The group reported operating income of €519m (£406m) in the first-half of 2012, compared with €772m (£604m) in the first half of of 2011, while net income totalled €786m (£615m), compared with €1,253m (£980m) in the first-half of 2011.

However, thanks to new product launches and the roll-out of the Dacia Duster, the French firm expects 2012 unit sales to exceed the level reached in 2011, ‘provided that there is no further deterioration of the situation in Europe than expected today,’ said the statement.

Commenting on the results, Carlos Ghosn, chairman and CEO of Renault, said: ‘In a difficult and uncertain environment, Renault remains on track to meet its 2012 objective of positive automotive operational free cash flow.’

Previous Post

Buyers prefer premium

Next Post

Free MoT for Saab owners

Related Posts

Car Dealer Live: Data shows there are buyers out there and they want new cars via click and collect, say What Car? team
Car Dealer Live

Car Dealer Live: Data shows there are buyers out there and they want new cars via click and collect, say What Car? team

January 13, 2021
Jan 13 round-up: Hospital admissions up 82%; Leaders want tougher measures; Mask crackdown; Hyundai Kona N
News

Jan 13 round-up: Hospital admissions up 82%; Leaders want tougher measures; Mask crackdown; Hyundai Kona N

January 13, 2021
BMW M posts record sales for 2020 despite ongoing challenges from coronavirus
News

BMW M posts record sales for 2020 despite ongoing challenges from coronavirus

January 12, 2021
Less demand at home and abroad sees car production drop by nearly a fifth
News

Car dealers blast manufacturers for continuing to impose sales targets during lockdown 3 as ‘morally wrong’

January 13, 2021
Ben launches ‘Breakout for Ben’ industry challenge to raise £1m
News

Ben launches ‘Breakout for Ben’ industry challenge to raise £1m

January 13, 2021
CarGurus and Pistonheads combine into one product to increase audience reach
News

CarGurus and Pistonheads combine into one product to increase audience reach

January 12, 2021

Want to receive the latest news?

Sign up to the Car Dealer daily news briefing for the latest news and advice during these unprecedented times.

Subscribe Now
Car Dealer Top 100 – The list in full of the most profitable car dealers in the UK
Car Dealer Top 100

Car Dealer Top 100 – The list in full of the most profitable car dealers in the UK

December 21, 2020
Used Car Awards Shortlist: Find out who made it through mystery shopping and are now in running for our gongs
News

Used Car Awards Shortlist: Find out who made it through mystery shopping and are now in running for our gongs

January 6, 2021
Investigation: Should car dealers be selling and delivering during lockdown?
News

What do we know about online used car dealer Cazoo? Who is Alex Chesterman? And will Cazoo float on the stock market?

January 5, 2021
Become a Car Dealer Plus member and get more out of this website including free legal advice
News

Become a Car Dealer Plus member and get more out of this website including free legal advice

January 5, 2021
Used car dealer Cazoo accused of online-only U-turn as it sets up physical sites and closes Imperial dealerships
News

Comment: Why Cazoo founder was naive to label this used car sales business as ‘flawed at every level’

December 1, 2020
Car Dealer Power

Car Manufacturer of the Year – Where did your manufacturer rank in Car Dealer Power 2020?

November 23, 2020
Investigation: What do car buyers want from online car sales? New research reveals customers’ likes and dislikes
Car Dealer Live

Investigation: What do car buyers want from online car sales? New research reveals customers’ likes and dislikes

November 28, 2020
Car Dealer Power

The best car dealer suppliers named in the Car Dealer Power Awards 2020

November 26, 2020
  • Latest
  • Used Cars
  • Live
  • Forum
  • Power 2020
  • Used Car Awards
  • CDX
  • Knowledge
  • Suppliers Guide
  • About Us
  • Latest Issue
  • Top 100
  • CD Plus
Call us: 020 8125 3880

© 2020 Blackball Media

No Result
View All Result
  • Car Dealer Plus
  • Latest
  • Used Cars
  • Live
  • Forum
  • Power 2020
  • Used Car Awards
  • CDX
  • Knowledge
  • Suppliers Guide
  • About Us
  • Latest Issue
  • Top 100

© 2020 Blackball Media

Log In
Register
Register
Server C