Press release
Press release

Nissan contributes €174 million to Renault Group’s fourth quarter 2022 earnings

09 February 2023  08:13

Nissan released today its results for the third quarter of fiscal year 2022/2023 (April 1st, 2022 to March 31st, 2023).

Nissan’s results, published in Japanese accounting standards, for the third quarter of fiscal year 2022/2023 (October 1st to December 31st, 2022), after IFRS restatements, will have a positive contribution to Renault Group’s fourth quarter 2022 net income estimated at €174 million(1).

 

(1) based on an average exchange rate of 144,3 yen/euro for the period under review.

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Nissan contributes €174 million to Renault Group’s fourth quarter 2022 earnings

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Renault Group is at the forefront of a mobility that is reinventing itself. Strengthened by its alliance with Nissan and Mitsubishi Motors, and its unique expertise in electrification, Renault Group comprises 4 complementary brands - Renault, Dacia, Alpine and Mobilize - offering sustainable and innovative mobility solutions to its customers. Established in more than 130 countries, the Group has sold 2.1 million vehicles in 2022. It employs nearly 111,000 people who embody its Purpose every day, so that mobility brings people closer. Ready to pursue challenges both on the road and in competition, Renault Group is committed to an ambitious transformation that will generate value. This is centred on the development of new technologies and services, and a new range of even more competitive, balanced and electrified vehicles. In line with environmental challenges, the Group’s ambition is to achieve carbon neutrality in Europe by 2040. https://www.renaultgroup.com/en/

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Nissan contributes €174 million to Renault Group’s fourth quarter 2022 earnings
Nissan contributes €174 million to Renault Group’s fourth quarter 2022 earnings

Renault Group is at the forefront of a mobility that is reinventing itself. Strengthened by its alliance with Nissan and Mitsubishi Motors, and its unique expertise in electrification, Renault Group comprises 4 complementary brands - Renault, Dacia, Alpine and Mobilize - offering sustainable and innovative mobility solutions to its customers. Established in more than 130 countries, the Group has sold 2.1 million vehicles in 2022. It employs nearly 111,000 people who embody its Purpose every day, so that mobility brings people closer. Ready to pursue challenges both on the road and in competition, Renault Group is committed to an ambitious transformation that will generate value. This is centred on the development of new technologies and services, and a new range of even more competitive, balanced and electrified vehicles. In line with environmental challenges, the Group’s ambition is to achieve carbon neutrality in Europe by 2040. https://www.renaultgroup.com/en/