Groupe Renault: third quarter revenue up 13%--
This 13.0%* increase is mainly due to the European market’s continuing strong performance and the success of the group's range.
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.
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.
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