Renault SA (WBO:RNO)

€ 39.96 0.11 (0.28%) Market Cap: 11.67 Bil Enterprise Value: 58.69 Bil PE Ratio: 7.97 PB Ratio: 0.38 GF Score: 68/100

Renault SA Market Day Transcript

Nov 08, 2022 / 08:00AM GMT

Release Date Price: €30.41 (-4.11%)

Transcript

Luca de Meo

Renault SA - CEO, CEO of Renault Brand & Member of the Management Board

Good morning, everybody. Thank you for being with us. Thanks to the Renault team. Jean-Dominique, thanks for coming.

It's an important day for the group, that's for sure. This is -- this company, as you know, has gone through a challenging time over the past few years, I would say. It has experienced one of the deepest crisis in its 123, 124 years of existence. But thanks to what its people have achieved, we are here today to talk about development.

After 2 years of, I would say, strong strenuous efforts and sacrifices also, everyone sees from the number that the Renault Group has been able to recover. So the Renaulution works, as we say internally, and it actually works faster than expected.

You remember that -- probably that it consisted in 3 phases: the resurrection, the renovation and the revolution.

We achieved the resurrection, that's my statement today. We are now within out of the emergency room and probably quicker than what many experts would have believed at the

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