{"id":136724,"date":"2023-06-29T09:13:47","date_gmt":"2023-06-29T07:13:47","guid":{"rendered":"https:\/\/newmobility.news\/?p=136724"},"modified":"2023-06-29T11:15:58","modified_gmt":"2023-06-29T09:15:58","slug":"renault-group-upgrades-its-2023-financial-outlook","status":"publish","type":"post","link":"https:\/\/newmobility.news\/en\/2023\/06\/29\/renault-group-upgrades-its-2023-financial-outlook\/","title":{"rendered":"Renault Group upgrades its 2023 financial outlook"},"content":{"rendered":"<p>Given the current level of performance of Renault Group, which is above initial expectations, the group upgrades its financial outlook for the full year 2023. It expects an operating margin between 7% and 8% (6% before) and an automotive-operational free cash flow superior to or equal to \u20ac2,5 billion (\u20ac2 billion previously).<\/p><p>\"This improvement is mainly driven by the quality of the sales mix thanks to the success of our new launches and to our commercial policy focused on value,\" says the press release.<\/p><div class=\"leaky_paywall_message_wrap\"><div id=\"leaky_paywall_message\">This content has been archived. <a href=\"https:\/\/newmobility.news\/en\/subscription\/\">Log in or Subscribe<\/a> to a level that has access to archived content.<\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>Given the current level of performance of Renault Group, which is above initial expectations, the group upgrades its financial outlook for the full year 2023. It expects an operating margin between 7% and 8% (6% before) and an automotive-operational free cash flow superior to or equal to \u20ac2,5 billion (\u20ac2 billion previously).&#8221;This improvement is mainly [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":136732,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_hide_featured_image":false,"_jetpack_featured_image_duplicate_dismissed":0,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"{title}\n\n{excerpt}\n\n{url}","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"_wpas_customize_per_network":false,"jetpack_post_was_ever_published":false},"categories":[16,8,4],"tags":[],"class_list":["post-136724","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industry","category-product","category-top-stories-today"],"acf":[],"featured_image_urls_v2":{"full":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/06\/Schermafbeelding-2023-06-29-om-08.22.55.png?fit=1184%2C630&ssl=1",1184,630,false],"thumbnail":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/06\/Schermafbeelding-2023-06-29-om-08.22.55.png?resize=150%2C150&ssl=1",150,150,true],"medium":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/06\/Schermafbeelding-2023-06-29-om-08.22.55.png?fit=300%2C160&ssl=1",300,160,true],"medium_large":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/06\/Schermafbeelding-2023-06-29-om-08.22.55.png?fit=640%2C341&ssl=1",640,341,true],"large":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/06\/Schermafbeelding-2023-06-29-om-08.22.55.png?fit=640%2C341&ssl=1",640,341,true],"1536x1536":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/06\/Schermafbeelding-2023-06-29-om-08.22.55.png?fit=1184%2C630&ssl=1",1184,630,true],"2048x2048":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/06\/Schermafbeelding-2023-06-29-om-08.22.55.png?fit=1184%2C630&ssl=1",1184,630,true],"trp-custom-language-flag":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/06\/Schermafbeelding-2023-06-29-om-08.22.55.png?fit=18%2C10&ssl=1",18,10,true],"related-thumb":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/06\/Schermafbeelding-2023-06-29-om-08.22.55.png?resize=640%2C480&ssl=1",640,480,true],"gform-image-choice-sm":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/06\/Schermafbeelding-2023-06-29-om-08.22.55.png?resize=300%2C300&ssl=1",300,300,true],"gform-image-choice-md":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/06\/Schermafbeelding-2023-06-29-om-08.22.55.png?resize=400%2C400&ssl=1",400,400,true],"gform-image-choice-lg":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/06\/Schermafbeelding-2023-06-29-om-08.22.55.png?resize=600%2C600&ssl=1",600,600,true],"mailchimp":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/06\/Schermafbeelding-2023-06-29-om-08.22.55.png?fit=560%2C298&ssl=1",560,298,true],"unipress-phone":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/06\/Schermafbeelding-2023-06-29-om-08.22.55.png?resize=640%2C100&ssl=1",640,100,true],"unipress-tablet":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/06\/Schermafbeelding-2023-06-29-om-08.22.55.png?resize=1184%2C240&ssl=1",1184,240,true],"unipress-tablet-portrait":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/06\/Schermafbeelding-2023-06-29-om-08.22.55.png?resize=1184%2C180&ssl=1",1184,180,true],"unipress-tablet-landscape":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/06\/Schermafbeelding-2023-06-29-om-08.22.55.png?resize=1184%2C180&ssl=1",1184,180,true],"unipress-smartphone":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/06\/Schermafbeelding-2023-06-29-om-08.22.55.png?resize=1080%2C168&ssl=1",1080,168,true],"unipress-wide-screen":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/06\/Schermafbeelding-2023-06-29-om-08.22.55.png?resize=1184%2C180&ssl=1",1184,180,true]},"post_excerpt_stackable_v2":"<p>Given the current level of performance of Renault Group, which is above initial expectations, the group upgrades its financial outlook for the full year 2023. It expects an operating margin between 7% and 8% (6% before) and an automotive-operational free cash flow superior to or equal to \u20ac2,5 billion (\u20ac2 billion previously).&#8221;This improvement is mainly driven by the quality of the sales mix thanks to the success of our new launches and to our commercial policy focused on value,&#8221; says the press release.This content has been archived. Log in or Subscribe to a level that has access to archived content.<\/p>\n","category_list_v2":"<a href=\"https:\/\/newmobility.news\/en\/category\/industry\/\" rel=\"category tag\">Industry<\/a>, <a href=\"https:\/\/newmobility.news\/en\/category\/product\/\" rel=\"category tag\">Product<\/a>, <a href=\"https:\/\/newmobility.news\/en\/category\/top-stories-today\/\" rel=\"category tag\">Top Stories Today<\/a>","author_info_v2":{"name":"Tony Verhelle","url":"https:\/\/newmobility.news\/en\/author\/toverbel\/"},"comments_num_v2":"0 comments","yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Renault Group upgrades its 2023 financial outlook - newmobility.news<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/newmobility.news\/en\/2023\/06\/29\/renault-group-upgrades-its-2023-financial-outlook\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Renault Group upgrades its 2023 financial outlook - newmobility.news\" \/>\n<meta property=\"og:description\" content=\"Given the current level of performance of Renault Group, which is above initial expectations, the group upgrades its financial outlook for the full year 2023. It expects an operating margin between 7% and 8% (6% before) and an automotive-operational free cash flow superior to or equal to \u20ac2,5 billion (\u20ac2 billion previously).&quot;This improvement is mainly [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/newmobility.news\/en\/2023\/06\/29\/renault-group-upgrades-its-2023-financial-outlook\/\" \/>\n<meta property=\"og:site_name\" content=\"newmobility.news\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/search\/top\/?q=newmobility.news\" \/>\n<meta property=\"article:published_time\" content=\"2023-06-29T07:13:47+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-06-29T09:15:58+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/newmobility.news\/wp-content\/uploads\/2023\/06\/Schermafbeelding-2023-06-29-om-08.22.55.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1184\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Tony Verhelle\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@jorisvry\" \/>\n<meta name=\"twitter:site\" content=\"@jorisvry\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Tony Verhelle\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/newmobility.news\\\/2023\\\/06\\\/29\\\/renault-group-upgrades-its-2023-financial-outlook\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/newmobility.news\\\/2023\\\/06\\\/29\\\/renault-group-upgrades-its-2023-financial-outlook\\\/\"},\"author\":{\"name\":\"Tony Verhelle\",\"@id\":\"https:\\\/\\\/newmobility.news\\\/#\\\/schema\\\/person\\\/9ed42cfc4d62d98488c1d6e225040557\"},\"headline\":\"Renault Group upgrades its 2023 financial outlook\",\"datePublished\":\"2023-06-29T07:13:47+00:00\",\"dateModified\":\"2023-06-29T09:15:58+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/newmobility.news\\\/2023\\\/06\\\/29\\\/renault-group-upgrades-its-2023-financial-outlook\\\/\"},\"wordCount\":556,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/newmobility.news\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/newmobility.news\\\/2023\\\/06\\\/29\\\/renault-group-upgrades-its-2023-financial-outlook\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/i0.wp.com\\\/newmobility.news\\\/wp-content\\\/uploads\\\/2023\\\/06\\\/Schermafbeelding-2023-06-29-om-08.22.55.png?fit=1184%2C630&ssl=1\",\"articleSection\":[\"Industry\",\"Product\",\"Top Stories Today\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/newmobility.news\\\/2023\\\/06\\\/29\\\/renault-group-upgrades-its-2023-financial-outlook\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/newmobility.news\\\/2023\\\/06\\\/29\\\/renault-group-upgrades-its-2023-financial-outlook\\\/\",\"url\":\"https:\\\/\\\/newmobility.news\\\/2023\\\/06\\\/29\\\/renault-group-upgrades-its-2023-financial-outlook\\\/\",\"name\":\"Renault Group upgrades its 2023 financial outlook - 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