Renault Maintains 2026 Guidance Amid Profit Turnaround in First Half
Renault Group reported strong first-half results for 2026, with revenue rising by 9.5% to €30.25 billion and a shift from loss to profit compared to the same period last year. The company maintained its full-year financial guidance despite challenges such as the Middle East crisis affecting costs. Automotive revenue reached €26.8 billion in H1 2026, up by 9.3% year on year. Operating income for the first half was €1.12 billion versus a loss of €8.4 billion in 2025. Net income attributable to the group's share rose sharply from a loss of €11.18 billion to €705 million, with inventory levels supporting smooth operations through year-end. Renault CEO François Provost highlighted that its futuREady strategy is delivering tangible results and driving revenue growth.
Topics: automotive guidance profitability