Renault shares pop as carmaker plans dividend hike
Publishing timestamp: 2024-02-15 11:40:45
Summary
Renault's shares rose after the company announced a significantly higher dividend per share for the financial year. The company slightly underperformed in net profit but expressed optimism about its upcoming vehicle launches. Renault aims to achieve double-digit margins by 2030 and is focusing on its electric vehicle and software strategy.
Sentiment: MIXED
Tickers: RNO-FR,
Keywords: earnings, renault sa, business news,
Source: https://www.cnbc.com/2024/02/15/renault-shares-up-6percent-as-carmaker-plans-dividend-hike.html