Nissan’s contribution to Renault Group’s Full Year 2024 earnings: €211 million
February 13 2025 - 2:45AM
UK Regulatory
Nissan’s contribution to Renault Group’s Full Year 2024 earnings:
€211 million
Press Release
February 13, 2025 |
|
Nissan’s contribution to Renault
Group’s Full Year 2024 earnings:
€211 million
Nissan released today its results for the third
quarter of fiscal year 2024/2025 (April 1st, 2024 to
March 31st, 2025).
Nissan’s results, published in Japanese
accounting standards, for the third quarter of fiscal year
2024/2025 (October 1st to December 31st,
2024), after IFRS restatements, have a positive contribution to
Renault Group’s fourth quarter 2024 net income estimated at €59
million1.
Therefore, Nissan's contribution to Renault
Group Full Year 2024 results amounted to €211 million.
As a reminder, following the sales by
Renault Group of Nissan shares and the cancellation of the acquired
shares as part of the buyback by Nissan, Renault Group's holding
position as of today amounts to 35.71% of Nissan's capital (17.05%
of Nissan shares are held directly and 18.66% are held in the
French trust of which Renault Group is the beneficiary).
About Renault Group
Renault Group is at the forefront of a mobility that is reinventing
itself. Strengthened by its alliance with Nissan and Mitsubishi
Motors, and its unique expertise in electrification, Renault Group
comprises 4 complementary brands - Renault, Dacia, Alpine and
Mobilize - offering sustainable and innovative mobility solutions
to its customers. Established in 114 countries, the Group has sold
2.265 million vehicles in 2024. It employs more than 98,000 people
who embody its Purpose every day, so that mobility brings people
closer.
Ready to pursue challenges both on the road and
in competition, Renault Group is committed to an ambitious
transformation that will generate value. This is centred on the
development of new technologies and services, and a new range of
even more competitive, balanced, and electrified vehicles. In line
with environmental challenges, the Group’s ambition is to achieve
carbon neutrality in Europe by 2040.
More information:
https://www.renaultgroup.com/en/
RENAULT
GROUP
INVESTOR RELATIONS |
|
Philippine de
Schonen
+33 6 13 45 68 39
philippine.de-schonen@renault.com |
RENAULT
GROUP
PRESS RELATIONS |
|
François
Rouget
+33 6 23 68 07 88
francois.rouget@renault.com |
1 Based on an average exchange rate of 162.5 yen/euro for
the period under review and an interest rate of 35.9% at 31
December 2024.
- 20250213_Renault Group_Press Release_Q4 2024 Nissan
contribution
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