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GROUPE RENAULT: Nissan contribution to Renault’s Q3 2020 earnings

RENAULT
·1-min read

November 12th, 2020

Nissan contributes - € 30 million for third quarter 2020 to Renault’s earnings

Nissan released today its results for the second quarter of fiscal year 2020/2021 (April 1st, 2020 to March 31th, 2021).

Nissan’s results, published in Japanese accounting standards, for the second quarter of fiscal year 2020/2021 (July 1st to September 30th, 2020), after IFRS restatements, will have a negative contribution to Renault’s third quarter 2020 net income estimated at - € 30 million (1).

(1) based on an average exchange rate of 124.1 yen/euro for the period under review.

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