PARIS (Reuters) -French carmaker Renault reported a 0.6% rise in first-quarter revenue on Thursday, slightly ahead of expectations, as it benefited from a flurry of recent new launches. The group generated revenue of 11.68 billion euros ($13.24 billion) in the first three months of the year. That was lower than the 11.71 billion euros expected […]
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Renault posts slight rise in first-quarter revenue
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PARIS (Reuters) -French carmaker Renault reported a 0.6% rise in first-quarter revenue on Thursday, slightly ahead of expectations, as it benefited from a flurry of recent new launches.
The group generated revenue of 11.68 billion euros ($13.24 billion) in the first three months of the year. That was lower than the 11.71 billion euros expected in a company-provided consensus, but the growth rate was slightly ahead of zero growth when measured at constant exchange rates.
The group’s sales increased 2.9% to 564,980 units.
($1 = 0.8819 euros)
(Reporting by Dominique Patton; Editing by Christian Schmollinger)