Renault is a French automotive company. Its headquarters are located in the Paris satellite town of Boulogne-Billancourt. Renault vehicles are currently sold in more than 100 countries worldwide and it is the number 3 ranked European automaker in terms of sales volumes. Aside from its flagship badge, the company also produces vehicles under the brand names Dacia, Renault Samsung Motors (South Korea), Alpine and Lada (Russia).
In March 2019, Moody’s revised its rating to stable. In February 2019, the ratings agency S&P Global Ratings downgraded Renault’s issuer rating from stable to negative, affirming its long-term and short-term credit ratings at “BBB” and “A-2” respectively.
Renault S.A. Shares
Renault’s share price reached its psychological level of €100 back in mid-2015. Then, in 2018, this key level was tested once again and the price fell to a low of €50 per share. Currently, the price is retracing its historic movements, giving new investors time to think about the next wave of growth.
Revenue of the company
In 2018, the company sold approximately 3.9 million vehicles, posting a revenue of €57.4 billion.
French automaker Renault S.A. reported a net profit margin of 3.9% in 2018, which was 4.7% lower than in 2017. This drop was due to currency market fluctuations, increased expenditure and higher raw material prices, the combined effect of which exceeded the benefit from the management’s cost of restructuring and positive pricing initiatives.