Renault Group has reaffirmed its full-year 2026 financial guidance after reporting first half revenue up 9.5% to €30.25bn ($34.67bn). The company also posted a profit versus a loss in the same period last year.
Automotive revenue for the first six months reached €26.80bn, representing a 9.3% increase year on year.
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Operating income in H1 2026 was €1.12bn, compared with a loss of €8.40bn in the same period of 2025.
Group operating margin for H1 2026 came to €1.57bn, down from €1.65bn a year earlier.
Net income was €721m in H1 2026, against a loss of €11.14bn in H1 2025.
Net income attributable to the group’s share rose to €705m from a loss of €11.18bn in the corresponding period last year.
Excluding Nissan-related effects, net income attributable to the group’s share was €705m in H1 2026, up €244m from €461m in H1 2025.
Vehicle inventories stood at 546,000 units as of 30 June 2026, comprising 430,000 held by independent dealers and 116,000 at group level.
Renault Group said this inventory position would support smooth operations for the rest of the year, and added that stock levels are expected to be lower by the end of the year than at the end of June 2026.
For the full year, the company maintained its guidance for a group operating margin of around 5.5% of group revenue and automotive free cash flow of approximately €1bn.
Renault Group said cost reduction remains a central focus, with measures in progress to offset the effects of the Middle East crisis on raw material, energy and logistics costs.
Last week, the company reported worldwide vehicle sales of 1.16 million in the first half of 2026, down 0.4% from the same period a year earlier, as growth at Renault and Alpine was offset by a decline at Dacia.
In Europe, combined passenger car and light commercial vehicle sales were 821,092 units, down 1.3%.
The Renault brand sold 528,849 vehicles in the region, up 2.6%, with the Renault 5 described as the region’s “best-selling” B-segment electric vehicle.
Renault Group CEO François Provost said: “Our robust first-half results demonstrate that futuREady is more than a strategic plan – it is becoming the way Renault Group operates.
“As a growth-driven plan, it is already delivering first tangible results, highlighted by a 10% increase in revenue thanks to our futuREady strong product momentum.”
