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MarketScreener Homepage  >  Equities  >  Euronext Paris  >  Renault    RNO   FR0000131906

RENAULT

(RNO)
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RENAULT : Orange extends its electric vehicle fleet with Renault Twizy

04/05/2012 | 09:04am EST
  • Orange is the first company to choose Renault Twizy for business travel

  • 100 Twizys will join the company fleet in 2012
An optimized fleet for reduced environmental impact

Orange has since 2006 gradually renewed its fleet - consisting of 35,000 vehicles, of which nearly 23,000 in France - with more carbon-efficient models. The company has introduced a "Green Fleet" catalogue of vehicles  with low CO2 emissions. Average emissions are 130 g/km of CO2 per vehicle for the Group, with fleet vehicles in France introduced since 2010 emitting an average 126 g/km. The first Twizys will be provided to employees on a loan basis for urban journeys between sites, starting in the Ile-de-France region.

Vehicles and business travel currently account for roughly 5% of the Group's total energy consumption and nearly 15% of its greenhouse gas emissions. Orange plans to reduce its CO2 emissions by 20% and energy consumption by 15% between 2006 and 2020. These objectives are a key focus of the company's strategic plan, "Conquests 2015", and are monitored monthly by the Group Executive Committee using special indicators and through an energy action plan launched in 2009 including a component on reducing emissions linked to vehicles and business travel. 

Renault Twizy, an all-electric quadricycle with one-in-a-million looks, is a fresh take on urban mobility that combines agility, fun and safety
Confirming Renault's status as an innovative carmaker, Twizy is a new urban mobility solution and a born natural for car-sharing services. Twizy keeps things simple, shipping with a choice of two engines, three trim levels and a reduced number of options. It joined Renault's Z.E. range in March 2012 alongside Fluence Z.E. and Kangoo Z.E., launched in 2011. 
Environmental respect and responsible production are key to Renault strategy. Since 1995 the Group has led an environmental policy based on reducing the ecological impact of its vehicles throughout their life cycle, from design and manufacturing to use and recycling at end of life.

Renault committed to launching a complete range of ecological and economical electric vehicles in 2011 as an extension of the Renault eco2 policy introduced in 2007. Last year, then, marked a decisive chapter in Renault history, with the release of Fluence Z.E. and Kangoo Z.E. The Z.E. range was rounded out by Twizy in March 2012 and will soon include ZOE, set for launch in autumn 2012.

A new automotive concept with original architecture, ultra-modern styling and a full-electric drivetrain, Twizy was designed for nipping safely around the city. It has a 100 km range over a standard urban cycle thanks to a 6 kWh lithium-ion battery that recharges when the driver lifts his or her foot off the accelerator. The built-in three-meter charging cable is compatible with 220V domestic sockets and powers up the battery in three and a half hours. Twizy is a continual joy to drive, boasting performance close to that of a 125 cc scooter, and is intuitive to use. It also features car-like levels of comfort and safety, with four wheels, four brake discs, seatbelts and a front airbag. 

Ecomobility, an integral part of the business travel policy

Since 2008 the Orange group has encouraged staff to use the least polluting transport modes and to make maximum use of videoconference resources to reduce business travel.
Several Group entities have introduced systems to limit the use of individual vehicles. Since 2008 employees at the Orange Village site in Arcueil near Paris have benefited from a dedicated tool for occasional or regular use of a carpooling service. A carpooling service was also introduced for customers via the Orange mobile site in 2010.

Orange has implemented a "Company Travel Plan" in ten regions in France to improve transport conditions for employees and rationalize costs linked to vehicles (parking lots, maintenance and repair, etc.).
In addition, the Group's training catalogue includes eco-driving courses that show employees how certain driving styles can reduce the risk of road accidents and limit fuel consumption and, in turn, CO2 emissions.


Press contacts
Orange.
Sylvie Duho: +33 (0)1 44 44 93 93
sylvie.duho@orange.com

Renault
Aline Henry: +33 (0)1 76 84 01 83
aline.henry@renault.com

Find out more about the Group's sustainable development initiatives at
www.orange.com
www.media.renault.com


About Orange

France Telecom-Orange is one of the world's leading telecommunications operators with 172,000 employees worldwide, including 105,000 employees in France, and sales of 45.3 billion euros in 2011. Present in 35 countries, the Group had a customer base of 226 million customers at 31 December 2011, including 147 million customers under the Orange brand, the Group's single brand for internet, television and mobile services in the majority of countries where the company operates. At 31 December 2011, the Group had 167 million mobile customers and 14 million broadband internet (ADSL, fibre) customers worldwide. Orange is one of the main European operators for mobile and broadband internet services and, under the brand Orange Business Services, is one of the world leaders in providing telecommunication services to multinational companies.

With its industrial project, "Conquests 2015", Orange is simultaneously addressing its employees, customers and shareholders, as well as the society in which the company operates, through a concrete set of action plans. These commitments are expressed through a new vision of human resources for employees; through the deployment of a network infrastructure upon which the Group will build its future growth; through the Group's ambition to offer a superior customer experience thanks in particular to improved quality of service; and through the acceleration of international development

France Telecom (NYSE:FTE) is listed on Euronext Paris (compartment A) and on the New York Stock Exchange.
For more information (on the internet and on your mobile): www.orange.com, www.orange-business.com, www.orange-innovation.tv
Orange and any other Orange product or service names included in this material are trade marks of Orange Brand Services Limited, Orange France or France Telecom.

About Renault

The Renault group, present in 118 countries, designs, develops, manufactures and sells passenger cars and light commercial vehicles under the Renault, Dacia and Renault Samsung Motors brands. To meet the new challenges facing the automotive industry, both environmental and economic, Renault is improving existing technologies with new generations of carbon-efficient engines and by implementing the breakthrough "Zero Emission" program. Renault has launched a "Zero Emission" range, releasing Fluence Z.E. and Kangoo Z.E. in 2011, followed in 2012 by Twizy, an innovative urban quadricycle, and ZOE, making its debut this autumn. The range places innovation within reach of the greatest number. With its partner, Nissan, Renault is targeting world leadership in the sale of mass-produced zero-emission vehicles.

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Financials
Sales 2021 49 313 M 59 423 M 59 423 M
Net income 2021 504 M 608 M 608 M
Net Debt 2021 2 068 M 2 492 M 2 492 M
P/E ratio 2021 22,2x
Yield 2021 0,65%
Capitalization 10 229 M 12 335 M 12 327 M
EV / Sales 2021 0,25x
EV / Sales 2022 0,20x
Nbr of Employees 179 565
Free-Float 60,7%
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Mean consensus HOLD
Number of Analysts 22
Average target price 38,77 €
Last Close Price 37,64 €
Spread / Highest target 118%
Spread / Average Target 3,00%
Spread / Lowest Target -73,5%
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Managers and Directors
NameTitle
Luca de Meo Chief Executive Officer
Clotilde Delbos Chief Financial Officer & Executive Vice President
Jean-Dominique Senard Chairman
Pascale Sourisse Independent Director
Patrick Marie Charles Thomas Independent Director
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