ET 03:00

Renault Q3 Revenue Rises 1.5% to €11.6B Despite 6% Sales Volume Drop; Confirms FY26 Margin Outlook

IMP4.5
SNT+0.2▲
CONF95%
Earnings

Renault Group (RNSDY.PK, RNSDF.PK, RNT.L) reported Thursday a 1.5% rise in third-quarter revenue to €11.596 billion from €11.426 billion a year earlier, as growth at Mobilize Financial Services offset a flat automotive segment, while unit sales fell 6.0% to 497,799 vehicles. Automotive revenue was nearly flat at €9.835 billion, down 0.2% at constant exchange rates, while MFS revenue rose 11.0% to €1.76 billion. Renault brand sales declined 2.9% to 349,901 units on competition in Latin America and downturns in Türkiye, Argentina and South Korea, partly offset by 4.6% growth in Europe. Dacia sales fell 12.8% and Alpine rose 58.4%. EV sales jumped 84.7%, or 25.8% of passenger cars sold. The company maintained its fiscal 2026 outlook of an operating margin around 5.5% of Group revenue, expecting a slight second-half improvement over the first half, though a less pronounced seasonal uplift due to higher raw material costs and inflation.

ByTicklex Editorial