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Volkswagen:Quarterly Results/2024 Q2: Difference between revisions
Volkswagen:Quarterly Results/2024 Q2 (view source)
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=== Renault === | |||
* Renault reiterated<ref>https://www.renaultgroup.com/wp-content/uploads/2024/07/rg_2024_h1_results_financial-report_en.pdf</ref> its 2024 operating margin guidance of more than 7.5%. | |||
* Its revenue fell by 0.7% to 15.3 billion euros in Q2 mainly due to negative exchange rate effects. | |||
* Pricing effect contributed +1.8 points to revenue growth. | |||
* Product mix effect contributed +1.0 point to revenue growth rate. | |||
* Volume effect contributed -4.7 points to revenue growth rate. | |||
* Its operating margin stood at 8.1% (analysts estimate: 7.9%<ref>https://www.smartkarma.com/home/newswire/earnings-alerts/renault-sa-rno-earnings-1h-operating-margin-surpasses-estimates-with-8-1-increase/</ref>) in H1 2024 (H1 2023: 7.6%) boosted by pricing and exchange rate effects. | |||
== References == | == References == | ||