by Romain Gibaud - Corporate

Groupe Renault: third quarter revenue up 13%

Groupe Renault revenues came to €10.5 billion for the quarter.

This 13.0%* increase is mainly due to the European market’s continuing strong performance and the success of the group's range.

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In the third quarter of 2016, Groupe Renault sales increased by 16%* to 721,741 vehicles, in a market which expanded by 5%*.

In Europe, the group’s registrations rose by 11.3%* in a market up 5.3%*. The success of the new models and the continuing strength of Clio IV, Captur and Dacia models helped the group to pick up an additional 0.5 points market share.

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Outside of Europe, the group grew by 21.5%* with significant expansion in the Africa, Middle East and India Region
(+85%*).
Market share grew across all regions.

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Groupe Renault confirms its guidance for full-year 2016:

  • Increase group revenues (at constant exchange rates)
  • Improve group operating margin
  • Generate a positive Automotive operational free cash flow

(*) vs 3rd quarter 2015

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Tags: commerce commercial Financial results groupe renault renault world