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MarketScreener Homepage  >  Equities  >  Italian Stock Exchange  >  Fiat Chrysler Automobiles    FCA   NL0010877643

FIAT CHRYSLER AUTOMOBILES

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Renault-Nissan alliance is priority for France ahead of any consolidation - Le Maire

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07/17/2019 | 01:56am EDT
French Finance Minister Bruno Le Maire delivers a speech during a conference entitled

MILAN (Reuters) - Renault alliance with Japanese partner Nissan remains the priority for France ahead of any further consolidation such as a merger with Fiat-Chrysler, French Finance Minister Bruno Le Maire said on Wednesday.

"The priority today is to develop an industrial strategy for the Renault-Nissan alliance, Le Maire said in an interview with Italian daily Corriere della Sera.

"After that, we will have to look at how to consolidate this alliance and it is only on this basis that we will be able to explore future developments," he said.

Le Maire denied the French government had caused the collapse of merger negotiations between the Italian and French automobile giants last month.

(Reporting by Silvia Aloisi; Editing by Mark Bendeich)

Stocks treated in this article : Renault, Nissan Motor Co Ltd, Fiat Chrysler Automobiles
Stocks mentioned in the article
ChangeLast1st jan.
FIAT CHRYSLER AUTOMOBILES -2.17% 11.292 End-of-day quote.-8.99%
NISSAN MOTOR CO LTD -0.68% 659 End-of-day quote.-23.02%
RENAULT -1.35% 50.47 Real-time Quote.-7.48%
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Financials (EUR)
Sales 2019 109 B
EBIT 2019 6 582 M
Net income 2019 4 152 M
Finance 2019 4 276 M
Yield 2019 5,64%
P/E ratio 2019 4,23x
P/E ratio 2020 4,02x
EV / Sales2019 0,12x
EV / Sales2020 0,11x
Capitalization 17 699 M
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Technical analysis trends FIAT CHRYSLER AUTOMOBILES
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Mean consensus HOLD
Number of Analysts 25
Average target price 14,26  €
Last Close Price 11,29  €
Spread / Highest target 148%
Spread / Average Target 26,3%
Spread / Lowest Target -11,4%
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Managers
NameTitle
Michael Mark Manley Chief Executive Officer & Executive Director
John Jacob Philip Elkann Chairman
Richard Keith Palmer CFO & COO-Systems & Castings
Harald J. Wester Chief Technology Officer
Andrea Agnelli Non-Executive Director
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