Renault Group Announces Record Profitability and Cash Generation in 2024
SHERIDAN, WYOMING – February 23, 2025 – SHERIDAN, WYOMING – Feb. 23, 2025 – Renault Group has released its 2024 financial results, showcasing solid growth, record operating profit, and net cash, exceeding its financial guidance for the year. The company’s robust performance is attributed to its complementary auto brands, all of which delivered growth.
Financial Highlights of 2024
Renault Group reported a Group revenue of €56.2 billion, marking a 7.4% increase, and a 9.0% increase at constant exchange rates compared to 2023. This growth underscores the strength of the company’s diversified brand portfolio.
The Group achieved a historical operating profit of €4.3 billion, an increase of €146 million compared to 2023. When excluding Horse impacts, the growth rate reaches 15%, representing 7.6% of revenue.
Net Income and Cash Flow