Nissan Contributed $859 Million to Renault's 2023 Earnings
Provided by
Dow Jones
By Pierre Bertrand
Renault said that Nissan Motor Co. has contributed 797 million euros ($858.6 million) to its results for 2023 after the Japanese carmaker disclosed its third-quarter earnings.
The French carmaker said Thursday, however, that Nissan's earnings will result in a negative EUR440 million contribution to its fourth-quarter net income.
Renault's holding position in Nissan comes to 40.42%, it said.
Renault will report its full-year results later this month on Feb. 15.
Write to Pierre Bertrand at pierre.bertrand@wsj.com
(END) Dow Jones Newswires
February 08, 2024 03:07 ET (08:07 GMT)
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