Renault ( (RNLSY) ) has released its Q4 earnings. Here is a breakdown of the information Renault presented to its investors.
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Renault Group is a prominent player in the automotive industry, known for its innovative and sustainable mobility solutions through its brands Renault, Dacia, Alpine, and Mobilize. The company operates in 114 countries and sold 2.265 million vehicles in 2024, with a strong commitment to technological advancement and carbon neutrality by 2040.
Renault’s 2024 earnings report showcases significant growth, with the company achieving record operating profits and net cash flow, surpassing its financial guidance. Group revenue reached €56.2 billion, marking a 7.4% increase from 2023, driven by robust performances across its automotive brands.
Key financial highlights include a historical operating profit of €4.3 billion, a net income of €2.8 billion excluding Nissan’s impacts, and a solid free cash flow of €2.9 billion. The company’s automotive net cash position nearly doubled to €7.1 billion by the end of 2024. Renault also demonstrated strong commercial performance in Europe, with significant growth in electrified vehicle sales and a commanding position in key markets.
Looking ahead, Renault aims to maintain a group operating margin of at least 7% in 2025, while addressing market uncertainties such as CO2 emissions regulations in Europe. The company plans to continue its product offensive and cost reduction strategies to drive operational performance and cash generation.
Renault Group’s strategic focus on electrification and innovation, combined with its strong financial performance, positions it well for future growth despite regulatory and market challenges.
