RNSDF - Renault SA: Mixed Outlook For Potential Corporate Actions
- A repeat of Renault SA's good 1H 2021 financial performance in the second half is unlikely due to headwinds such as the semiconductor chip shortage and high raw material costs.
- Besides financial results, the market's focus is on potential corporate actions like dividends and divestments that could possibly unlock value for Renault SA's shareholders.
- Renault SA trades at consensus forward FY 2021 and FY 2022 normalized P/E multiples of 10.6 times and 3.9 times, respectively.
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Renault SA: Mixed Outlook For Potential Corporate Actions