Renault

Note: This is a daily stock update and the information stands true as of 09/06/25, 09:00 CET.

Company Update:
According to the French press, Renault was approached by the French Ministry of defense in order to build drones alongside a small French company specialized in the defense industry. The partnership aims to produce drones on a large scale. These drones would be delivered to Ukrainian forces but also be used by the French army to train with these new technologies. The news was confirmed by Renault, but no decision was made yet. 

Expert Opinion: 
This is a potentially interesting development. We know that there is a need to biff up the French defense industry and with its expertise, Renault can help do just that. While it is unlikely to have any significant impact on earnings, this is good news, nonetheless. As a reminder, Renault is the only stock within our coverage with a positive rating. 


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