Duncan Minto
Group CFO, Renault Group
Replay available
Renault Sa Unsp/Adr (RNLSY) Q1 2026 Earnings Call
Renault Sa Unsp/Adr (OTC: RNLSY) Q1 2026 earnings conference call, held 2026-04-23. Replay captured from the company's public earnings webcast.
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Investor webinar replay
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Replay transcript excerpt
WEBVTT 00:00:00.031 -- 00:00:06.081 Welcome to Renault Group's first quarter 2026 conference call. 00:00:06.081 -- 00:00:11.391 I remind you that this call is broadcast live and will be available in replay version 00:00:11.391 -- 00:00:15.157 on our website. This presentation 00:00:15.157 -- 00:00:20.226 will be done by Duncan Minto, the Group CFO, and will be followed by a 00:00:20.226 -- 00:00:24.930 Q&A session. Duncan, the floor is yours. 00:00:24.938 -- 00:00:28.924 Thanks, Florent. Good morning, everybody, or good afternoon, depending on where you're 00:00:28.924 -- 00:00:34.272 connecting. It's pleased to be with you this morning to present our Q1 revenue and 00:00:34.272 -- 00:00:37.176 sales performance. So let's go straight ahead. 00:00:37.176 -- 00:00:42.524 In Q1, group revenue increased by 7.3% compared 00:00:42.524 -- 00:00:46.549 to last year and stood at 12.5 billion euros. 00:00:46.549 -- 00:00:50.232 At constant exchange rates, it was up 8.8%. 00:00:50.420 -- 00:00:56.009 As you know, in 2026, mobility services revenue has been reintegrated 00:00:56.009 -- 00:01:00.938 in the automotive segment following the reorganization of these activities. 00:01:00.938 -- 00:01:06.727 This reintegration amounted to 17 million euros in Q1 2026 00:01:06.727 -- 00:01:12.129 and to 23 million euros in Q1 last year. Thus, automotive 00:01:12.129 -- 00:01:14.790 revenue stood at €10.8 00:01:14.812 -- 00:01:20.898 billion this quarter compared to the €10.2 billion in Q1 2025, 00:01:20.898 -- 00:01:24.300 which is an increase of 6.5% or 8% 00:01:24.582 -- 00:01:29.588 at constant exchange rates. Mobilised financial services revenue was up 13% 00:01:29.588 -- 00:01:31.748 to €1.7 00:01:31.850 -- 00:01:33.850 billion. 00:01:33.872 -- 00:01:39.444 So drilling into the auto...