The Renault Group s revenue in 2023 was €52.4 billion

Mondo Technology Updated on 2024-02-16

Donews reported on February 16 that according to Renault's official news, the group's revenue in 2023 will be 52.4 billion euros (currently about 406.1 billion yuan), a year-on-year increase of 131%, an increase of 179%。

Key Financial Indicators:

Record Group operating margin: 79% to 4.1 billion euros (currently around 317.).7.5 billion yuan), an increase of 1.5 billion euros year-on-year (currently about 116.5 billionRMB 2.5 billion);

Record automotive operating margin: 63% to 3.1 billion euros (currently around 240.).RMB2.5 billion), up EUR 1.6 billion year-on-year (currently around RMB12.4 billion);

Net income: EUR 2.3 billion (currently approx. 17.8 billion.)2.5 billion yuan), an increase of 3 billion euros year-on-year (currently about 232.2 billionRMB 500 million);

Free cash flow: EUR 3.0 billion (currently approx. 232.2 billion.)500 million yuan), a year-on-year increase of 900 million euros (currently about 69.RMB 7.5 billion), a record high;

Automotive net cash position: EUR 3.7 billion (currently approx. 28.6 billionRMB7.5 billion), an increase of EUR 3.2 billion year-on-year (currently approximately RMB 24.8 billion), reaching an all-time high;

ROCE (Return on Capital Employed): 285% vs 126%。

In terms of sales, the Renault Group's global sales increased by 9% compared to 2022 to 2,235,000 units. The European market increased by 186%, which is 47%。The Renault brand ranks third in Europe in the field of new energy passenger vehicles, with sales up 197%, which accounts for 39 of its passenger car sales in Europe7% (of which 11 are BEVs.)3%), and sales of hybrid electric vehicles (HEVs) increased by 62%. Austral, Clio and Captur are among the top 10 best-selling hybrid models in Europe.

In 2024, the Renault brand will launch 7 new cars: 2 new all-electric vehicles, including the scenic e-tech with a range of more than 600km and the popular electric classic Renault 5 e-tech; Launch of 2 new hybrid models in Europe, including the Rafale e-Techo Renault Master (petrol and all-electric versions); 2 new cars were launched in markets outside Europe: Kardian and a car from Renault Korea Motors.

Renault Group said it will use the industrial metaverse to reduce the cost of production per vehicle by 30% for gasoline vehicles and 50% for electric vehicles by 2027. The Renault Group aims to achieve a group operating margin of 75% and free cash flow of €2.5 billion.

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