Home Automobile news JLR DELIVERS ON NET CASH POSITIVE TARGET AFTER STRONG FY25 SALES

JLR DELIVERS ON NET CASH POSITIVE TARGET AFTER STRONG FY25 SALES

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Gaydon, UK, 07April 2025.

JLR today announces strong whole sale and retail sales for the fourth quarter of FY25 (three-month period to 31 March 2025) and the full year ended 31 March 2025,reflecting consistent,sustained global demand, as it achieved a net cash positive position, a key Reimagine strategy target.

Wholesale volumes for the fourth quarter of111,413units (excluding the Chery Jaguar Land Rover China JV), up 6.7%vs.Q3 FY25 and up 1.1%year-on-year. Compared to the prior year, wholesale volumes for the fourth quarter were higher inNorth America (14.4%), Europe (10.9%), flat in the UK (0.8%), lower in China (-29.4%)and Overseas (-8.1%).

Retail sales for the fourthquarter of 108,232 units (including the Chery Jaguar Land Rover China JV)were down 5.1% compared to Q4 FY24 andup1.8%compared to Q3 FY25.

The overall mix of the most profitable Range Rover, Range Rover Sport and Defender models was66.3% of total wholesale volumes in Q4 FY25 and 67.8% for the full year.

For the full year ended 31 March 2025, wholesale volumes of 400,898 and retail sales of 428,854 were flat at -0.1% and -0.7% respectively, compared to the prior year.In addition, JLR achieved its net debt zero target, ending the financial year net cash positive, a key Reimagine strategy target.

JLR will report its full year results for the year ended 31 March 2025in Mayand,as usual, provide guidance on theoutlook for FY26 at that time.

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