Jaguar Land Rover Automotive PLC
Annual Report 2019/20
Faced with the COVID-19 crisis and market headwinds that were mounting even before the pandemic, Jaguar Land Rover has responded responsibly and effectively to this unprecedented disruption. The company's unique capabilities - especially in high performance and go-anywhere luxury vehicles - are recognised already by customers around the world. Those capabilities will drive future demand.
2020 will be remembered for the COVID-19 pandemic, which has devastated lives, caused a global healthcare crisis and disrupted businesses worldwide. As a company, we will learn from these challenges and find even better ways to achieve our “Destination Zero” mission of zero emissions, zero accidents and zero congestion.
Prof Sir Ralf D Speth
Chief Executive OfficerView the Full statement
Fiscal 19/20 at a glance
2018/2019 - £24.2BN
Profit/(Loss) before Tax and Exceptional Charges
2018/2019 - £3.6BN
Operating cash flow before investment
2018/2019 - £2.5BN
Total Investment Spending
2018/2019 - £3.8BN
Retail Sales including our China joint venture
2018/2019 - 578,915
Wholesale Excluding our China joint venture
2018/2019 - 507,895
We anticipate the challenges facing the automotive industry will continue and that the impact of COVID-19 is likely to continue to impact sales and the supply chain during 2020. However, we expect Charge +, Accelerate and a strong pipeline of new and refreshed products to somewhat counteract these challenges in Fiscal 2020/21 and beyond.
Chief Financial OfficerView the Full statement