Nissan’s contribution to Renault Group’s first quarter 2025 earnings

Core Viewpoint - Nissan's fourth quarter results for fiscal year 2024/2025 have negatively impacted Renault Group's first quarter 2025 net income by an estimated €2,204 million due to impairments and restructuring costs associated with turnaround initiatives [1][2]. Group 1: Financial Impact - Nissan's contribution to Renault Group's first quarter 2025 net income is estimated at -€2,204 million, reflecting a significant negative impact [1]. - The negative contribution includes necessary impairments and restructuring costs communicated by Nissan on April 24, 2025 [2]. Group 2: Shareholding Structure - Following the sale of Nissan shares by Renault Group and the subsequent buyback, Renault Group's current holding in Nissan stands at 35.71%, with 17.05% held directly and 18.66% in a French trust [3]. Group 3: Renault Group Overview - Renault Group is focused on reinventing mobility through its alliance with Nissan and Mitsubishi Motors, offering sustainable and innovative mobility solutions through its four brands: Renault, Dacia, Alpine, and Mobilize [4]. - The Group aims for carbon neutrality in Europe by 2040 and has sold 2.265 million vehicles in 2024, employing over 98,000 people [5].