The logo of French car manufacturer Renault is seen in front of a dealership in Villepinte near Paris, France, January 22, 2025. REUTERS
PARIS, Feb 19 (Reuters) – Renault Group posted a 15% drop in 2025 operating profit on Thursday and guided for lower margins in 2026 as price pressures from rising Chinese competition and traditional peers in its core European market erode earnings.
The French automaker reported an operating profit of 3.6 billion euros ($4.24 billion), in line with the consensus forecast of analysts compiled by the company, and an operating margin of 6.3%.
Full-year revenues were 57.9 billion euros, up 3% on the prior year, driven by new launches and higher sales volumes overseas.
However, it reported a full-year net loss on a group share basis of 10.9 billion euros, its first loss in five years, largely due to a one-off writedown of 9.3 billion euros in July on its stake in struggling partner Nissan.
Renault said it would pay a dividend of 2.20 euros, unchanged from what it paid in 2024.
($1 = 0.8484 euros)
Reporting by Gilles Guillaume and Dominique Patton; Editing by Christian Schmollinger
