Renault Group: “À la Dacia”: a unique business model which drives high margins and returns [Yahoo! Finance]
RENAULT SA UNSP/ADR (RNLSY)
NASDAQ:AMEX Investor Relations:
group.renault.com/en/finance-2
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Source: Yahoo! Finance
Boulogne-Billancourt, June 17, 2024 Renault Group organizes an analyst & investor field trip in Romania dedicated to Dacia on June 17 th and 18 th , the opportunity for Luca de Meo, CEO of Renault Group, and the Dacia management team led by Denis Le Vot, CEO of Dacia, to present the uniqueness of Dacia's business model and how the brand is now expanding while continuing to further increase its profitability. A unique business model Dacia's model is unique, built upon the combination of three main components: A design-to-cost as a way of life , which aims c. -15% of cost advantage vs. competition thanks to a focus on what really matters for the customers (the “essentials”), Renault Group assets leverage, and 3,000 engineers' know-how. A unique industrial and sourcing footprint with a benchmark cost competitiveness supported by high plant utilization rates (130% - Harbour) and high local integration rate. A very effective distribution model with distribution costs c.50% bel
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