Renault SA (MIL:1RNO)
€ 26.1 -0.80 (-2.97%) Market Cap: 7.79 Bil Enterprise Value: 58.95 Bil PE Ratio: 0 PB Ratio: 0.35 GF Score: 58/100

Full Year 2024 Renault SA Earnings Call Transcript

Feb 20, 2025 / 07:00 AM GMT
Release Date Price: €49.07 (-4.23%)

Key Points

Positve
  • Renault SA (RNLSY) achieved a record operating margin of 7.6% in 2024, the highest in its 126-year history.
  • The company generated almost €3 billion in free cash flow, contributing to a net cash position of over €7 billion.
  • Renault SA (RNLSY) successfully launched 10 new cars in 2024 without any quality issues, showcasing its operational efficiency.
  • The Renault brand improved its market position in Europe, moving from fifth to third place, with over 1 million sales per year.
  • Renault SA (RNLSY) is making significant strides in electrification, with nearly 33% of its European passenger car sales being electrified in 2024.
Negative
  • Renault SA (RNLSY) faces challenges with CO2 compliance and potential penalties in 2025, impacting its financial outlook.
  • The company is experiencing a buildup in dealer inventory levels, which could affect future sales and cash flow.
  • Renault SA (RNLSY) is behind in BEV (Battery Electric Vehicle) sales compared to competitors, which may impact its market share.
  • The company is dealing with negative currency impacts, particularly from the Argentinian peso and Turkish lira devaluations.
  • Renault SA (RNLSY) recorded a significant capital loss of €1.5 billion from the disposal of Nissan shares, affecting its net income.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

RENA.PA - Renault SA
Full Year 2024 Renault SA Earnings Call
Feb 20, 2025 / 07:00AM GMT

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Presentation
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Unidentified_1 [1]
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Good morning everyone and welcome for 24 results. We are very pleased to be here with the team and the presentation will be made by Luca Demeo, CEO of Group, and CFO of Group, and this presentation will be followed by a session.

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Unidentified_2 [2]
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Hello.

Good morning. So thank you for joining this call.

Things are pretty rock and roll in, automotive these days, so it takes a lot of focus even at 88 o'clock in the morning. A lot of discipline, hard work.

And I think also a touch of passion that is mandatory to, spark innovation and to
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