Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. France
  4. Euronext Paris
  5. Renault
  6. News
  7. Summary
    RNO   FR0000131906

RENAULT

(RNO)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Renault : seeks to generate 1 billion euros from 'circular economy' by 2030

04/17/2021 | 06:19pm EDT
The Renault factory in Choisy-le-Roi near Paris

PARIS (Reuters) - French automaker Renault will seek to generate more than 1 billion euros ($1.20 billion) in sales from the so-called "circular economy" by turning its Flins factory outside Paris into a research, recycling and repair centre, its boss told French weekly Journal du Dimanche.

"Our ambition, by 2030, is to achieve more revenue (from recycling and repair at Flins) than from assembling cars there," said Luca de Meo, Renault's chief executive. "And to generate more than a billion euros in turnover in the circular economy."

This represents a little more than 2% of the Renault's total sales in 2020. The group will report its first-quarter sales on Thursday.

Renault confirmed last year that it would stop assembling new cars at the Flins factory and turn the site into a research, recycling and repair centre by 2024 in a move to save full-time jobs at the plant.

The loss-making carmaker said it aimed to employ 3,000 people at the revamped site by 2030.

(Reporting by Mathieu Rosemainl Editing by Cynthia Osterman)


© Reuters 2021
All news about RENAULT
05/06RENAULT TALK #1 : Nouvelle vague, new era - the renault brand restates its ambit..
AQ
05/06RENAULT  : The double life of my battery
PU
05/06RENAULT  : To Raise Average Turnover Per Unit Of Arkana Model
MT
05/06Renault hoping to make more money from its Arkana model
RE
05/06Spain pours billions into fight for slice of European electric vehicle sector
RE
05/05RENAULT  : Megane hatchback now with e-tech plug-in hybrid
AQ
05/05VW TO EU : let's go even lower on emissions
RE
05/05How low can you go? Volkswagen throws down the emissions gauntlet
RE
05/05Nissan to sell its entire stake in German automaker Daimler
AQ
05/04Nissan sells its Daimler stake, following Renault
RE
More news
Financials
Sales 2021 48 504 M 58 992 M 58 992 M
Net income 2021 554 M 674 M 674 M
Net Debt 2021 2 335 M 2 840 M 2 840 M
P/E ratio 2021 15,8x
Yield 2021 0,12%
Capitalization 9 282 M 11 281 M 11 289 M
EV / Sales 2021 0,24x
EV / Sales 2022 0,19x
Nbr of Employees 179 565
Free-Float 60,7%
Chart RENAULT
Duration : Period :
Renault Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends RENAULT
Short TermMid-TermLong Term
TrendsBearishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 21
Average target price 43,07 €
Last Close Price 34,15 €
Spread / Highest target 146%
Spread / Average Target 26,1%
Spread / Lowest Target -23,9%
EPS Revisions
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
Sector and Competitors
1st jan.Capitalization (M$)
RENAULT-4.50%11 281
TOYOTA MOTOR CORPORATION5.11%215 442
VOLKSWAGEN AG38.27%146 566
DAIMLER AG27.03%95 451
GENERAL MOTORS COMPANY41.67%85 575
BMW AG15.80%66 050