|Bid||N/A x N/A|
|Ask||N/A x N/A|
|Day's Range||3.9140 - 3.9700|
|52 Week Range||3.3600 - 4.3480|
|Beta (5Y Monthly)||0.95|
|PE Ratio (TTM)||40.12|
|Earnings Date||Mar 12, 2020 - Mar 16, 2020|
|Forward Dividend & Yield||0.04 (1.03%)|
|1y Target Est||4.34|
Boardroom drama on Friday (October 11) at french carmaker Renault - Its CEO Thierry Bollore has been voted out. The French carmaker and Japanese partner Nissan are seeking a fresh start following the scandal-hit tenure of former alliance boss Carlos Ghosn. He's been accused of financial misconduct - which he denies. Bollore, who had long been Ghosn's right-hand man, was promoted to steady the ship this year, with Jean-Dominique Senard brought in as chairman. But Bollore had an uneasy relationship with Nissan, according to sources familiar with the matter. And Renault and the French state - its key shareholder - have emphasised their wish to repair ties and reinforce the alliance. Bollore has been replaced by the firm's financial director, Clotilde Delbos, as an interim boss. Renault was expected to shake up its management at some stage, as Senard had a mandate to overhaul governance at the firm as well as strengthen ties with Nissan. Bollore's fate was sealed swiftly and dramatically this week. The executive denounced his looming exit as a "coup" in a newspaper interview on Thursday. It comes hot on the heels of a management reshuffle at Nissan, which has also just replaced its CEO. Renault shares were up 4.3% following the announcement.
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PRESS RELEASE Financial information for the third quarter 2019 October 17, 2019 Revenue for the third quarter: €6,169 million, +3% organic growth Revenue for the 3rd.
The French car maker CEO Thierry Bolloré was ousted and company is looking for replacement with view of mending fences with alliance partner Nissan
Renault dismissed CEO Thierry Bollore Friday, less than a year after a scandal surrounding former chief Carlos Ghosn allegations of financial misconduct linked to his role as chairman at Nissan.
Renault SA's CEO, Thierry Bollore, denounced as a "coup" his potential exit from the French carmaker, which has called a board meeting on Friday to discuss governance matters. Bollore also told Les Echos newspaper on Thursday he was appealing to the key Renault shareholder, the French state, to avoid destabilizing the company. "The brutality and the totally unexpected character of what is happening are stupefying ... This coup de force is very worrying," Bollore said.
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PRESS RELEASE First half 2019 ResultsSeptember 12, 2019 Good results across all Bolloré Group activities in the first half of 2019 Revenue: 11,780 million euros, +4% at.
The Bolloré Group has signed an agreement with Amundi Private Equity Funds (Amundi PEF), Bpifrance and Socadif Capital Investissement to sell its 55% stake in Wifirst, an Internet access provider specializing in Wi-Fi technology. Owned and supported by the Bolloré Group since 2006, Wifirst has shown an average growth of over 30% per year over the past ten years. The Bolloré Group is honoured to have worked with Wifirst founder Marc Taieb and his team over the past thirteen years, and to have contributed to the development of the company.
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