The Renault Group achieved a group revenue of 27.6 billion euros in the first half of 2025. Compared to the same period of the previous year, this corresponds to an increase of 2.5 percent. Adjusted for currency effects, revenue growth was 3.6 percent. These figures are from a company announcement dated July 15, 2025.
Operating income amounted to nearly 1.7 billion euros, resulting in an operating margin of six percent. The net profit excluding the stake in Nissan was 0.5 billion euros.
Accounting for Nissan significantly impacts financial results
The adjusted accounting of the stake in Nissan led to a negative effect totaling 11.6 billion euros. Of this, 2.3 billion euros are attributed to losses from the valuation of associated companies. Additionally, 9.3 billion euros were recorded as a non-cash loss due to the changed accounting method for the stake in Nissan.
Free cash flow falls significantly
In the first half of
2025, the Renault Group's free cash flow amounted to 47 million euros. This includes a dividend payment of 150 million euros by Mobilize Financial Services. For comparison: in the first half of 2024, free cash flow was 600 million euros. A negative change in working capital in the amount of 897 million euros impacted the value in the current reporting period. The net cash financial position of the automotive segment amounted to 5.9 billion euros as of June 30, 2025.
Automotive business with stable contributions
The automotive segment generated revenue of 24.5 billion euros in the first half of 2025. Compared to the previous year’s value, this corresponds to a slight increase of 0.5 percent or 1.6 percent at constant exchange rates. Operating income was about one billion euros, resulting in an operating margin of four percent.
Brand overview: Renault, Dacia, and Alpine
The Renault brand ranked second in the first half
of 2025 in Europe for passenger cars and light commercial vehicles. The Clio model was the brand's best-selling vehicle. Renault also achieved second place in Europe for hybrid vehicles. In France, Renault was the market leader in the segments of passenger cars, LCV, electric, and hybrid vehicles.
Dacia was among the top ten best-selling car brands in Europe and ranked third in the private customer segment. The Duster was the best-selling SUV model, and the Sandero the best-selling passenger car model across all sales channels.
Alpine increased its sales by 85 percent compared to the first half of 2024. The order backlog in Europe had a stable lead time of about two months according to company statements. At the end of the first half of 2025, the group's total inventory was 530,000 vehicles.
Financial forecast for the year adjusted downwards
On July 15, 2025, the Renault Group adjusted its financial forecast for
the current fiscal year. For the full year, the company now expects an operating margin of around 6.5 percent and free cash flow between one and 1.5 billion euros.
François Provost, the newly appointed CEO of the Renault Group, stated: “The Renault Group has all the prerequisites for success: committed teams, a solid product plan, clear brand positioning, and an innovative organization.”
In light of a challenging market environment, the half-year results fell short of the original expectations. According to Provost, measures have already been initiated to nonetheless achieve the goals.
He emphasized: “The profitability of the Renault Group remains a benchmark in our industry – and we intend to maintain this standard.”
The group's strategy aims for continuity while simultaneously accelerating transformation. Provost pointed to the role of motivated teams, targeted investments in products, the implementation of high-performance standards, and the expansion of the partner network as central elements of the
