Consequently,
Renault clears nissan digs big:
Keystone-SDA
. Similarly, The French car manufacturer Renault announced on Tuesday a modification of its accounting treatment of Nissan actions which it still has. Furthermore, The change ended in a punctual accounting loss of 9.5 billion euros (8.9 billion francs). Nevertheless,
(Keystone-ATS) The participation of 35.71% of the Renault group in its Japanese partner. In addition, whose value has collapsed, will no longer be taken into account in its results: it will now be considered a financial asset, the French company renault clears nissan digs big said in a press release. Furthermore, The idea is to “derise” Renault having more predictable results, said a spokesperson for the group.
“Any variation in the fair value of participation in Nissan (estimated on the basis of the Nissan Stock Exchange course) will be directly counted in equity. However, without impact on the net profit of Renault Group,” said Renault. In addition, The French manufacturer had published a historic loss of 8 billion euros in 2020. Moreover, due to a fall in sales linked in particular to the Covid epidemic, but also of the poor health of Nissan.
The diamond group has since muscular its offer of vehicles. Meanwhile, found profits, brake however by the declining value of its shares in Nissan. For the year 2024, the French manufacturer had announced a net profit of 800 million euros. He would have reached 2.8 billion without Nissan.
The Paris Stock Exchange praised this measure renault clears nissan digs big and the Renault action earned 1.92% at 3:30 p.m., at 39.88 euros.
The modification announced Tuesday is “without impact” on the financial flows (cash flow) of Renault. on the calculation of the dividend, and is not linked to the announced departure of the director general of Renault, Luca de Meo, said the group. The amount of 9.5 billion euros corresponds to the difference between the current accounting value of Renault’s participation in Nissan (1326 million shares). “its fair value estimated on the basis of the price” of the Japanese group’s scholarship on Monday evening.
Estimated at 1500 yen in the accounts, it was worth 350 yen (2.07 euros) Monday at the end of the Tokyo Stock Exchange, explained the French group. This accounting modification “marks a structural break with decades of consolidation with the equivalence method”. simplifies the results of Renault, praised the analysts of Oddo BHF in a note.
“This adjustment improves renault clears nissan digs big transparency. is online with the rebalancing capital relationship between Renault and Nissan, which we plan to evolve more (Renault having to reduce/sell the majority of its participation-or even all-when possible/attractive),” they continued. The Renault group has confirmed its financial objectives for the year 2025. which predict operating margin, have pointed out the analysts of Bernstein. This margin should improve between the first. the second half, especially with the launch of new models including the Dacia Bigster SUV.
Unraveling
This amount includes the loss of 2.2 billion euros announced at the end of May by Renault and linked to depreciations and restructuring costs of Nissan. The value of the Nissan action. which is going through serious difficulties, has collapsed since the launch of the Alliance with Renault in 1999. The French manufacturer has received eight billion euros in Nissan dividends since the start of the Alliance, he said.
This accounting development “does not in renault clears nissan digs big any way modify the strategic. operational commitments between Renault Group and Nissan,” said the French group. After years of common projects. Nissan and Renault, as well as their Mitsubishi Japanese partner, nevertheless began to unravel their alliance in 2023. They announced at the end of March 2025 that they were going to be able to descend to 10% of their respective capital. against 15% currently.
But they “continue to work on common industrial. technological development programs”, such as the new Nissan Micra based on the Renault 5, noted the French group. Nissan is engaged in painful restructuring, targeting 20,000 job cuts worldwide by the 2027 exercise, or 15% of its world workforce
Renault clears nissan digs big
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