Florent Chaix
Head of Investor Relations

Good morning, everyone. Welcome to Renault Group's First Quarter 2026 Conference Call. I remind you that this call is broadcast live and will be available in replay version on our website. This presentation will be done by Duncan Minto, the Group CFO, and will be followed by a Q&A session. Duncan, the floor is yours.

Duncan Minto
Chief Financial Officer

Thanks, Florent. Good morning, everybody, or good afternoon, depending on where you're connecting. It's -- pleased to be with you this morning to present our Q1 revenue and sales performance. So let's go straight ahead.

In Q1, group revenue increased by 7.3% compared to last year and stood at EUR 12.5 billion. At constant exchange rates, it was up 8.8%. As you know, in 2026, Mobility Services revenue has been reintegrated in the Automotive segment following the reorganization of these activities. This reintegration amounted to EUR 17 million in Q1 2026 and to EUR 23 million in Q1 last year. Thus, Automotive revenue stood at EUR 10.8 billion this quarter compared to the EUR 10.2 billion in Q1 2025, which is an increase of 6.5% or 8% at constant exchange rates. Mobilize Financial Services revenue was up 13% to EUR 1.7 billion.