Renault SA
RNO: XPAR (FRA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| DVX | LOCK|@Rk | LOCK|n%s#Z^ |
Renault Earnings: Execution on a Clear Strategy Continues
Renault reported 1.5% revenue growth in the third quarter, with 11% growth in its financial services segment and 0% growth in its core automotive segment. A 6% volume decline was driven by a 13% decline in Dacia, which has a limited electrified portfolio. Full-year margin guidance intact.
