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Renault accessories in the first half 2016 financial performance continued to grow

Author : www.cumminsdongfeng.com Date : 2016-8-16 9:43:33
 Renault accessories in the first half 2016 financial performance continued to grow
The first half of 2016, Renault accessories revenue grew 13.5%, reaching 25.185 billion euros.
Registered vehicles rose 13.4% to 157 million units.
Renault Accessories Operating profit amounted to 1.541 billion euros (+ 40.6%), 6.1% of total revenue. Operating profit in 2015 compared to 1.096 billion euros, representing 4.9% of current revenue.
Automotive Division operating profit amounted to 1.121 billion euros (+ 64.9%), 4.7% of total revenue. In 2015 compared to 680 million euros, 3.2% of total revenue.
Renault accessories revenues of 1.476 billion euros (+50.6%) in 2015 compared to 980 million euros. Net profit of 1.567 billion euros (+7.9%) in 2015 compared to 1.452 billion euros.
Automotive revenues net cash flow amounted to 381 million euros.
(July 29, 2016, Beijing) recently announced the first half of Renault accessories 2016 earnings. The report shows that the first half of 2016, Renault accessories revenue 25.185 billion euros, an increase of 13.5% over the same period in 2015. Thanks to its brand car sales promotion (+10.6 percent) as well as increased sales partners (+3 percent), automobile sales revenue of 24.078 billion euros, an increase of 14.3%. In addition, product prices had a positive impact (+3.8 percent), mainly due to price increases in some emerging markets offset the negative impact of a successful currency depreciation (-4.9 percentage points) brought. In addition, the product mix of revenues contributed 1.8 percentage points.
 
Accessories Renault Chairman and CEO Carlos Ghosn said: "The first half results demonstrate the effectiveness of our strategy of selling new models, regional diversification and investment in full, so that our operating profit in the first half of the historical record. a new high, we are therefore confident in the performance of the year. "
 
In this context, Renault confirmed accessories 2016 development goals: increase revenue (at constant exchange rates), to improve operating margins and enhance the automotive sector revenues net cash flow.

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