Renault Full-Year Report 2023

Highlights

  • Strong improvement of all financials with record levels:
  • Group revenue: €52.4bn, +13.1% and +17.9% at constant exchange rates vs 2022
  • Record Group operating margin: €4.1bn or 7.9% of revenue (+2.4 pts vs 2022), up €1.5bn vs 2022
  • Record Auto operating margin: €3.1bn or 6.3% of revenue (+3.0 pts vs 2022), up €1.6bn vs 2022
  • Net income: €2.3bn, up €3.0bn vs 2022
  • Record free cash flow: €3.0bn, up €0.9bn vs 2022
  • Automotive net cash financial position at highest levels: €3.7bn at December 31, 2023 (up €3.2bn vs December 31, 2022)
  • More than doubled ROCE: 28.5% in 2023 vs 12.6% in 2022

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