May 28th, 2020
Nissan contributes -€3,573 million for first quarter 2020 to Renault’s earnings
Nissan released today its results for the fourth quarter of fiscal year 2019/2020 (April 1st, 2019 to March 31th, 2020).
Nissan’s results, published in Japanese accounting standards, for the fourth quarter of fiscal year 2019/2020 (January 1st to March 31th, 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.