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Renault Shares Plunge 17% Amid Leadership Change and Earnings Forecast

7/16/2025

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Summary

Story summary

Renault's shares fell 17% following a revised 2025 earnings forecast, projecting a 6.5% operating margin and €1-1.5 billion in free cash flow.
Interim CEO Duncan Minto takes over after Luca de Meo's resignation.
Revenue increased by 2.5% to €27.6 billion, but free cash flow dropped to €47 million, leading to cost-cutting measures.
Half-year results are set for release on July 31.

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Story summary

Renault's shares fell 17% following a revised 2025 earnings forecast, projecting a 6.5% operating margin and €1-1.5 billion in free cash flow.
Interim CEO Duncan Minto takes over after Luca de Meo's resignation.
Revenue increased by 2.5% to €27.6 billion, but free cash flow dropped to €47 million, leading to cost-cutting measures.
Half-year results are set for release on July 31.