May 28, 2020

Nissan contributes - €3,573 million for first quarter 2020 to Renault’s earnings

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Nissan released today its results for the fourth quarter of fiscal year 2019/2020 (April 1^st, 2019 to March 31^th, 2020).

Nissan’s results, published in Japanese accounting standards, for the fourth quarter of fiscal year 2019/2020 (January 1^st to March 31^th, 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.

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