(AOF) – The result published by Nissan under Japanese accounting standards for the fourth quarter of its 2023/2024 fiscal year (period from January 1 to March 31, 2024), after IFRS restatements, will be reflected in the net result for the first quarter of 2024 of Renault Group by a positive contribution estimated at 225 million euros, indicates the French car manufacturer.
In the first quarter, Renault achieved turnover of 11.707 billion euros, up 1.8% and 5.9% at constant exchange rates. Automotive revenues fell 0.7% to 10.446 billion euros. However, they are up 3.6% at constant exchange rates thanks in particular to a price effect of 4.1 points. The group’s global sales amounted to 549,099 vehicles, up 2.6%. In Europe, sales increased by 4.3%.