Renault cuts dividend, slices profit goal for 2020 | The Business Standard
Skip to main content
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
The Business Standard

Wednesday
June 11, 2025

Sign In
Subscribe
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
WEDNESDAY, JUNE 11, 2025
Renault cuts dividend, slices profit goal for 2020

Global Economy

Reuters
14 February, 2020, 12:55 pm
Last modified: 14 February, 2020, 12:57 pm

Related News

  • Mercantile Bank withholds dividend amid Tk1,700cr provision shortfall
  • Southeast Bank’s profit drops 80% in 2024
  • Premier Bank declares no dividend due to shortfall in provisions
  • Al-Arafah Islami Bank will not pay dividend for 2024
  • Dhaka Bank declares 10% dividend for 2024

Renault cuts dividend, slices profit goal for 2020

Reuters
14 February, 2020, 12:55 pm
Last modified: 14 February, 2020, 12:57 pm
A Renault Clio E-Tech Hybrid car is seen at Brussels Motor Show, Belgium, January 9, 2020. REUTERS/Francois Lenoir/File Photo
A Renault Clio E-Tech Hybrid car is seen at Brussels Motor Show, Belgium, January 9, 2020. REUTERS/Francois Lenoir/File Photo

French carmaker Renault warned that auto demand remained volatile, cut its dividend for 2019 and set a lower operating margin goal for 2020, a crunch year in which it wants to reboot its partnership with Japan's Nissan.

The company posted an annual profit loss of 141 million euros ($153 million) - its first in 10 years - for the group share of net income, penalized by charges linked to some of its Chinese joint ventures and as Nissan's contribution shrank.

It set an operating margin target for this year of between 3% and 4%, down from 4.8% in 2019.

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

The company said it proposed paying a dividend of 1.10 euro per share against 2019 results, down from 3.55 euros for 2018.

Top News

Renault / dividend

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Chief Adviser Professor Dr Muhammad Yunus (L) and British Prime Minister Sir Keir Starmer (R). Photo: BSS
    UK PM to visit Canada, will meet CA if schedule matches: CA press secy
  • Rawhide salting at Posta in Old Dhaka on Eid-ul-Adha 2025. Photo: Rajib Dhar/TBS
    No fair price for hides this year too despite govt rate hike, export permission
  • Demonstrators react to crowd control munitions being shot at them as protests against federal immigration sweeps continue, in downtown Los Angeles, California, U.S. 10 June 2025. Photo: REUTERS
    US Marines arrive in LA; California governor warns 'democracy under assault'

MOST VIEWED

  • Illustration: Duniya Jahan/ TBS
    Forget Katy Perry, here’s Bangladesh’s Ruthba Yasmin shooting for the moon
  • A file photo of Bangladesh Bank Governor Dr Ahsan H Mansur. Photo: Collected
    'I have no relation with this': Ahsan Mansur debunks Joy’s allegations over daughter’s Dubai flat
  • Faiz Ahmad Tayeb. Photo: BSS
    Import duty on raw materials for e-bikes, lithium batteries reduced from 80% to 1% in some cases: Faiz Taiyeb
  • Screengrab from video shows a group of local youths forcing tourists to leave a tourist spot in Utmachhra area of Sylhet's Companiganj on Sunday, 8 June 2025, citing allegations of obscene activities and environmental damage
    Locals declare tourist spot in Sylhet 'closed', force visitors to leave
  • Shakil Ahmed. Photo: Collected
    DU student allegedly hangs himself following threats over old derogatory comment about Prophet on Facebook
  • Photo shows the Land Cruiser Prado car belonging to former member of parliament (MP) Anwarul Azim Anar found in Kushtia. Photo: TBS
    Luxury car of ex-AL MP Anar, who was killed in Kolkata, found in Kushtia

Related News

  • Mercantile Bank withholds dividend amid Tk1,700cr provision shortfall
  • Southeast Bank’s profit drops 80% in 2024
  • Premier Bank declares no dividend due to shortfall in provisions
  • Al-Arafah Islami Bank will not pay dividend for 2024
  • Dhaka Bank declares 10% dividend for 2024

Features

Illustration: Duniya Jahan/ TBS

Forget Katy Perry, here’s Bangladesh’s Ruthba Yasmin shooting for the moon

16h | Features
File photo of Eid holidaymakers returning to the capital from their country homes/Rajib Dhar

Dhaka: The city we never want to return to, but always do

2d | Features
Photo collage shows political posters in Bagerhat. Photos: Jannatul Naym Pieal

From Sheikh Dynasty to sibling rivalry: Bagerhat signals a turning tide in local politics

3d | Bangladesh
Illustration: TBS

Unbearable weight of the white coat: The mental health crisis in our medical colleges

6d | Panorama

More Videos from TBS

Is the chief adviser's meeting with the British Prime Minister uncertain?

Is the chief adviser's meeting with the British Prime Minister uncertain?

16m | TBS Stories
Aviation giants Airbus, Menzies seek long-time partnership with Bangladesh

Aviation giants Airbus, Menzies seek long-time partnership with Bangladesh

1h | TBS Stories
Greta Thunberg deported from Israel

Greta Thunberg deported from Israel

18h | TBS World
BNP is not a revolutionary party: Mirza Fakhrul

BNP is not a revolutionary party: Mirza Fakhrul

19h | TBS Today
EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Advertisement
  • Privacy Policy
  • Comment Policy
Copyright © 2025
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net