The chart above displays the net income/loss of the Renault group from 2010 to 2022. In fiscal 2022, the company incurred a net loss of €700 million compared to a positive net income of €967 million in 2021. The total net sales of the company reached €46,391 million in 2022 compared to a net loss of €41,259 million in 2021. Renault experienced 11.4% increased in its net sales in 2022 compared to the prior year.
Renault Group Net Income 2004-2022
The following table shows the Net Income of the Renault Group from 2004-2017.
Year | Net Income/loss (Million Euros) |
---|---|
2022 | € (700) |
2021 | €967 |
2020 | €(8,046) |
2019 | € 19 |
2018 | € 3,451 |
2017 | € 5,308 |
2016 | € 3,543 |
2015 | € 2,960 |
2014 | € 1,998 |
2013 | € 695 |
2012 | € 1,735 |
2011 | € 2,139 |
2010 | € 3,490 |
2009 | € -3,068 |
2008 | € 599 |
2007 | € 2,734 |
2006 | € 2,960 |
2005 | € 3,453 |
2004 | € 2,903 |
In 2021, Renault group generated a positive net income of €967 million compared to a net loss of €8,046 million in 2020. The net revenues of the company for 2021 remained €46,213 million compared to €43,474 million in 2020 or 6.3% higher.
Renault group is a leading producer of vehicles, headquartered in Boulogne-Billancourt, France. Its vehicle sales jumped 3.2% in 2018 compared to the previous year. In 2018, the company sold around 3.9 million vehicles globally. Group revenues for 2018 amounted to €57.42 billion. Net Income of Renault group dropped to €3,451 million in 2018 from €5,308 million in 2017. Renault Group is also the European market leader in electrical vehicle segment with a market share of 22.2%.
Renault group is one of the major producers of vehicles with a global footprint. However, its largest market is Europe and specifically its home market France. The brand’s alliance with Nissan and Mitsubishi has proved great. This alliance has become the largest seller of passenger cars and light commercial vehicles globally. Renault, Nissan, and Mitsubishi alliance achieved sales of more than 10.6 million vehicles in 2017. Renault itself achieved a record sales of 3.76 million vehicles in 2017. Sales volume and market share of the brand increased in all its markets in 2017. Revenue of the brand climbed past 55 Billion (58.8 Billion) Euros for the first time. Net Income of the brand reached 5.2 Billion dollars in 2017.
Sources:
Renault Annual Report
Abhijeet Pratap is a passionate blogger with seven years of experience in the field. Specializing in business management and digital marketing, he has developed a keen understanding of the intricacies of these domains. Through his insightful articles, Abhijeet shares his knowledge, helping readers navigate the complexities of modern business landscapes and digital strategies.