Renault swings to €10.9bn loss as Nissan charge bites.


French carmaker Renault Group said on Thursday that it had swung to a heavy loss in 2025, despite a modest uptick in revenues.

  • Renault
  • 19 February 2026 08:18:27
Renault

Source: Sharecast

Renault reported a 3% rise in full‑year revenues to €57.92bn, but reported a net loss of €10.93bn, compared to a net income of €891m in 2024, after booking a €9.3bn non-cash charge linked to a change in the accounting treatment of its stake in Japanese auto giant Nissan.

The group's operating performance also deteriorated sharply, resulting in an operating loss of €7.87bn versus an operating income of €2.58bn in FY24 as operating margins fell to €3.63bn, or 6.3% of revenue, from €4.26bn and 7.6% a year earlier.

Renault said its automotive division's operating margin narrowed to 4.2% from 5.3%, with foreign‑exchange movements weighing by €282m and a combined price, mix and cost impact of €341m.

The Boulogne-Billancourt-based firm sold 2.34m vehicles worldwide in FY25, up 3.2% in a market that grew 1.6%. In Europe, electrified passenger‑car sales continued to accelerate, with battery‑electric volumes jumping 77.3% and hybrid sales rising 35.2%, accounting for 14% and 30% of total sales respectively.

Renault, which proposed an unchanged dividend of €2.20 per share for FY25, guided to group operating margins of around 5.5% of revenue and automotive free cash flow of around €1bn for FY26.

Chief executive François Provost said: "Our 2025 results, in a challenging market environment, demonstrate our teams’ commitment to delivering consistent, top-tier performance among automotive industry players. This performance underscores the strength of our fundamentals and our agility."

As of 0815 GMT, Renault shares were up 1.66% at €33.74 each.

Reporting by Iain Gilbert at Sharecast.com


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