Jun 29, 2023 / 06:00AM GMT
Philippine de Schonen - Renault SA - VP of IR
Hello, everyone, and thank you for joining us despite the short notice. So we are pleased to host this call this morning with Thierry Pieton, the Group CFO; and Laurent David, VP Group Control. Thierry will begin with a short intro just before in the Q&A session. And I remind you that this call is dedicated to the upgrade of the guidance we just announced and related to our full-year results we will release on July 27.
Thank you so much. And Thierry, the floor is yours.
Thierry Pieton - Renault SA - Group CFO, Senior VP, Controller & Member of Management Board
Thanks very much, Philippine, and a very good morning to all of you. Thanks for joining. Listen, Renault Group announced this morning an upgrade to its financial guidance for 2023.
So what we now expect for the full year is an operating margin between 7% and 8% versus an initial guidance of above 6%. And the free cash flow of the Automotive division above EUR 2.5 billion versus an initial guidance of above EUR 2 billion. This upgrade
Renault SA Full Year 2023 Guidance Call Transcript
Jun 29, 2023
Already have an account? Log in
Get the full story
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent 
4.6 out of 5 
Trustpilot
Trustpilot
Survey
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
Follow Us
Disclaimers