GROUPE RENAULT : Nissan contribution to Renault’s Q1 2020 earnings
May 28 2020 - 4:30AM
GROUPE RENAULT : Nissan contribution to Renault’s Q1 2020 earnings
May 28th, 2020
Nissan contributes -€3,573 million for
first quarter 2020 to Renault’s earnings
Nissan released today its results for the fourth
quarter of fiscal year 2019/2020 (April 1st, 2019 to March 31th,
2020).
Nissan’s results, published in Japanese
accounting standards, for the fourth quarter of fiscal year
2019/2020 (January 1st to March 31th, 2020) will have a negative
contribution to Renault’s first quarter 2020 net income estimated
at -€3,573 million(1) after IFRS restatements ( -€976 million).
(1) based on an average exchange rate of 120.1
yen/euro for the period under review.
- 2020_28_05_PR_Nissan contribution
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