Renault SA: Initiation of Coverage- Strategic Tie-Ups with Geely Can Unlock Untapped Market Riches!

Renault Group presented its 2024 financial results, revealing robust performance driven by disciplined operations and strategic repositioning. On a positive note, the company achieved an operating margin of 7.6%, equating to EUR 4.3 billion, the highest in its 126-year history. Additionally, Renault generated nearly EUR 3 billion in free cash flow, leading to a net cash position of over EUR 7 billion. This financial strength underscores the company’s capacity for future investment and highlights its ability to meet guidance consistently, a rarity in the industry.