Renault Group revealed on Thursday that its revenue in the full year 2024 amounted to €56.2 billion, up 7.4% compared to the same period in 2023. In the 12 months ending December 31, 2024, year over year, while net income slumped 61% to €891 million, operating income rose 4% to €2.6 billion.
For the entire 2024, automotive revenue grew 4.9% in comparison to the same timeframe a year prior, to reach €50.5 billion. The contribution of associated companies was at a negative €521 million, down compared to €880 million registered in 2023.
"Thanks to the strong fundamentals built over the last 4 years and driven by an agile and innovative mindset, we are now preparing the next chapter, aiming for profitable growth while investing for the future," CEO Luca de Meo commented.
