Renault SA
RNO: XPAR (FRA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| HP | LOCK|RY% | LOCK|>#b>Q! |
Renault Earnings: Solid Short-Term Performance, We Anticipate a Weaker Outlook
Renault's first-half automotive revenue rose 9.3% year over year, or 10.2% at constant exchange rates, while the operating margin declined to 3% from 4%. Full-year guidance is maintained, implying a stronger second half.
