Global  

Trusted News Discovery Since 2008
One News Page
One News Page > Front Page News > Renault > Renault reports first net losses in decade for 2019

Renault reports first net losses in decade for 2019

WorldNews Friday, 14 February 2020 ()
Renault reports first net losses in decade for 2019Renault said on Friday that it went into the red last year for the first time in a decade on lower sales and a falling contribution from its Japanese partner Nissan. Renault said in a statement it suffered net losses of 141 million euros ($152 million). It added the outlook for 2020 was bleak with a fresh fall in operational profitability expected and did not rule out possible plant closures. Last year saw group operating margin drop from 6.3 per cent to 4.8 per cent, though Renault stated that it...
0
shares
ShareTweetSavePostSend
 
Credit: Reuters Studio - Published < > Embed
News video: Renault posts loss, Nissan shares tumble

Renault posts loss, Nissan shares tumble 01:23

Nissan shares fell to their lowest in more than a decade on Friday, while the Japanese firm's French partner Renault posted its first loss in 10 years. Ciara Lee reports

You Might Like


Recent related videos from verified sources

Uber Expects to Be Profitable by Last Quarter of 2020 [Video]Uber Expects to Be Profitable by Last Quarter of 2020

Uber Expects to Be Profitable by Last Quarter of 2020 Nelson Chai, the company's CFO, made the statement in a recent earnings call. Nelson Chai, via earnings call Chai added that the improvement will..

Credit: Wibbitz Studio     Duration: 01:01Published


Tweets about this

Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2020 One News Page Ltd. All Rights Reserved.
About us  |  Contact us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  In the News  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? FeedbackSend us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter  •  FOLLOW us on Pinterest
One News® is a registered trademark of One News Page Ltd.