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Renault SA (RNLSY)
| Previous close | 6.39 |
| Open | 6.61 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's range | 6.43 - 6.64 |
| 52-week range | 6.34 - 9.84 |
| Volume | |
| Avg. volume | 36,200 |
| Market cap | 9.391B |
| Beta (5Y monthly) | 2.10 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | -0.30 |
| Earnings date | N/A |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | 28 Apr 2020 |
| 1y target est | N/A |
- Reuters
Renault expects $1.1 billion revenue from new recycling business
Renault said on Tuesday that its yet-to-launch recycling business could generate an extra one billion euros ($1.13 billion) in revenue by the end of the decade. "These activities will generate 200 million (euros) in turnover from 2025", Renault Chief Executive Luca de Meo told reporters at a former car production plant in the town of Flins, near Paris, which it is repurposing for the recycling and reconditioning of used vehicles and components. The reinvention of the site, which will continue to assemble the electric Zoe and Nissan Micra models for a few years, was one of the core elements of Renault's 2020 restructuring plan, with which the French carmaker aims to hike profitability.
- Reuters SG
Deals of the day-Mergers and acquisitions
** German carmaker Daimler said its pension trust would sell the shares it holds in French partner Renault , unwinding cross-shareholdings, but added that its industrial collaboration remained intact. ** Brazilian asset manager IG4 Capital has agreed to buy 50% of Chile's logistics operator Adelco for $57 million, it said in a statement. ** U.S.-based asset management firm T. Rowe Price has taken up a 5% stake in online retail platform THG Plc, a regulatory filing showed, making it among the top 10 shareholders in the British company.
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