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Renault EU:RNO-EUR Euronext Common Stock
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Renault CFO Doesn't See Palladium Prices Abating -- Commodity Comment

14/02/2019 12:01pm

Dow Jones News


Renault (EU:RNO-EUR)
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Renault Chief Financial Officer Clotilde Delbos says skyrocketing palladium prices are the main reason for a EUR356 million hit from higher raw-materials prices in 2018 and she expects the headwinds to continue in 2019. The price of palladium has risen by more than 40% to the current $1,408 an ounce over the past 12 months. (max.bernhard@dowjones.com; @mxbernhard)

 

(END) Dow Jones Newswires

February 14, 2019 06:46 ET (11:46 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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