PARIS – October 24, 2008: At September 30, 2008 Renault’s consolidated revenues were 30,091 million euros, compared with 29,820 million euros for the same period in 2007 on a consistent basis. The Automobile and Sales Financing activities made positive contributions to this result, with respective increases of 0.9% and 1.8%. Excluding negative currency effects of 709 million euros, the Group's consolidated revenues rose 3.3% year-on-year. Total revenues in third-quarter 2008 were 9,149 million euros, down 2.2% on third-quarter 2007. Excluding currency effects, this decrease is reduced to 0.3%.
Revenues by activity
Automobile revenues totaled 28,524 million euros in the first nine months of 2008, up 0.9% year-onyear, amid a 2% worldwide sales increase over the same period, despite an unfavorable currency effect of 2.3 points.
• In Europe1, in a market down 4.4%, Renault increased its market share 0.2 points to 8.9% through its product offensive. Dacia sales continued to grow, up 38.1%, with the success of Logan MCV strengthened by the launch of Sandero in gasoline and diesel versions. The 6.8% increase in registrations in France was accompanied by a change in the product mix, with the bonus/penalty measure on CO2 emissions favoring sales of A/B segment models. The Europe Region’s contribution to revenues at end-September 2008 fell 1.1%, with contrasting trends: Europe excluding France declined by 2.7% while France was rose 1.6%
• Outside Europe, the Group grew sales in all three Regions, reflected in a 1.8-point rise in their revenue contribution. Sales in the Americas Region rose 13.5%, buoyed by the dynamic markets of Brazil and Argentina, where Renault reported excellent performances, particularly with Sandero. In the Euromed Region, where sales increased 5.9%, the Group benefited from strong growth in Russia (+24.6%) and maintained its leadership position in Romania. Sales in the Asia-Africa Region increased 17.9%. This Region's contribution has been...