FY 2023 dividend pending Shareholders' General Meeting approval
5
Value creation shared with our people: employee
shareholding plan #2
Renaulution
Employee
Employee
Shareplan
shareholding(1)
shareholding
2030 ambition
>95,000
employees benefitted from
8 free shares in 2023
&
>38,000
employees subscribed to shares
at a preferential price
5.1%10%
vs. 3.8% as of Dec. 31, 2022
6
2024 financial outlook
Operating margin
Free cash flow
≥7.5%
≥€2.5bn
7
Playing offense…
10 launches in 2024
Scenic E-Tech
Rafale
Renault 5 E-Tech*
KardianSymbioz
Master
D-SUV South Korea
(*) Prototypes - illustrative
10 new vehicles launches in 2024 without Renault Duster (outside Europe) and Captur facelift
Duster
A290*
Spring
Electric vehicle (100% electric exclusively
or as part of the powertrains proposed for Renault Master)
8
…the best defense
Cost reduction
EV
competitiveness
40% cost reduction program
to reach EV/ICE price parity
before competition(1)
Twingo
Developed in ~2years
Costs -40% vs. Renault 5
Industrial base transformation
Production cost reduction
by 2027
-30% on ICE & hybrid
-50% on EV
€270m savings in 2023
thanks to predictive maintenance
Energy
efficiency
Consumption reduction
in the plants
2025 vs. 2021, per vehicle
-30% target Worldwide -40% target in France
-20% achieved as of 2023
(1) 40% cost reduction by 2027/2028 between the 1st and the 2nd generation of C-segment electric vehicles.
9
The EV/ICE price parity is expected to be reached by 2027/2028 with the 2nd generation.
2
2024 AGM & Board and Committees composition
10
Attachments
Original Link
Original Document
Permalink
Disclaimer
Renault SA published this content on
15 April 2024 and is solely responsible for the information contained therein. Distributed by
Public, unedited and unaltered, on
15 April 2024 17:21:06 UTC.
Renault is one of the world's leading automobile constructors. Net sales break down by activity as follows:
- sale of vehicles (91.9%): 2.2 million passenger and commercial vehicles sold in 2023, distributed by brand between Renault (1,548,748), Dacia (658,321), Renault Korea Motors (21,980), Alpine (4,328) and other (1,968);
- services (8.1%): financing services for vehicle sales (purchasing, renting, leasing, etc.; RCI Banque), related services (maintenance, warranty extension, assistance, etc.) and mobility services.
At the end of 2023, the group had 38 industrial sites worldwide.
Net sales are distributed geographically as follows: France (29.2%), Europe (49.3%), Americas (8.7%), Eurasia (6.1%), Asia/Pacific (3.5%), Africa and Middle East (3.2%).