Renault Group turnover in the first quarter, slightly higher than Q1 2017. Sales up for Duster and Koleos

Aurel Dragan 27/04/2018 | 13:54

Renault Group turnover in the first quarter was EUR 13.15 billion up by 0.2 percent from the first quarter of 2017, while sales were up by 4.8 percent up to 935,041 vehicles (personal and commercial). Renault worldwide market share is 4 percent, up by 0.1 percent after Renault and Dacia brands reported new record in sales.

In Europe, Group sales increase by 2.8 percent on a market growing by 0.6 percent due to the success of the new Duster and Koleos models. Outside Europe, the Group recorded sales up by 22.1 percent in Eurasia and 21.3 percent in Central and South America, while slowing down in Africa-Middle East-India (-5.3 percent) and Asia Pacific (-18.6 percent).

 In the first quarter of 2018, the Group’s turnover amounted to EUR 13.155 billion up by 0.2 percent, while using the exchange rate and regional sales, the Group’s turnover progresses by 5.4%.

The turnover of AUTO, excluding AVTOVAZ, is EUR 11.64 billion, down 2.5 percent. This is mainly due to the negative impact of the exchange rate of -4.8 points: depreciation of the Group’s main currencies (the Argentine peso, the Brazilian real, the Turkish lira and the US dollar). The impact of volumes is positive (+2.3 points), as well as prices (+1.2 points) especially in emerging countries, compensating for depreciation of currencies.

Sales Finance (RCI Banque) has a turnover of EUR 793 million, up 27.7 percent compared to 2017. If the accounting method had not changed – as explained above – the growth would have been 5.8 percent. The number of new financing contracts increases by 4.7 percent, while the average productive asset increases by 13.2 percent to 42.9 billion euros. AVTOVAZ’s contribution to the group’s turnover is EUR 716 million for the first quarter, up 25.8 percent, due to the Lada sales trend, despite the negative effect of the exchange rate of EUR 85 million.

In 2018 it is estimated that the world market will grow by 2.5 percent compared to 2017. For the European market, the growth forecast is 1%, as is the French one. Estimates are also developing for the following markets: Russia: 10%, Brazil and China: 5%, India: 6%.

In this context, Groupe Renault confirms its objectives:

  • increase in turnover (constant exchange rate and region);
  • maintaining the Group’s operational margin above 6 percent;
  • generating a positive free operating cash flow for Auto activity.

Total sale per brand

Total, January to March sales
2018 2017 %
RENAULT
VP (Personal Vehicles) 543 852 537 048 1,3%
VU (Commercial Vehicles) 104 679 97 146 7,8%
VP+VU 648 531 634 194 2,3%
RENAULT SAMSUNG MOTORS
VP 19 105 25 952 -26,4%
DACIA
VP 160 825 140 649 14,3%
VU 10 752 10 184 5,6%
VP+VU 171 577 150 833 13,8%
LADA      
VP 82 481 62 479 32,0%
VU 3 609 3 064 17,8%
VP+VU 86 090 65 543 31,3%
JINBEI & HUASONG      
VP 1 342 1 357 -1,1%
VU 8 396 14 469 -42,0%
VP+VU 9 738 15 826 -38,5%
GROUPE RENAULT
VP 807 605 767 485 5,2%
VU 127 436 124 863 2,1%
VP+VU 935 041 892 348 4,8%

Total sales

Total, January – March
2018 2017 %
France 177 689 172 304 3,1%
Europe (excluding France) 314 781 306 885 2,6%
Total France + Europe 492 470 479 189 2,8%
Africa Middle East India 120 512 127 191 -5,3%
Eurasia 165 773 135 774 22,1%
South and Central America 103 477 85 281 21,3%
Asia Pacific 52 809 64 913 -18,6%
Total excluding France + Europa 442 571 413 159 7,1%
Total worldwide 935 041 892 348 4,8%

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