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Annual Report 2022

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Annual report 2022

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Jaguar Land Rover is in a strong position with a striking portfolio of attractive premium luxury products, a healthy bank of customer orders, low break‑evens and the right strategy to support its unique and renowned British brands in a rapidly changing legislative and commercial landscape.

NATARAJAN CHANDRASEKARAN

CHAIRMAN

Despite the uncertain environment, I have been tremendously encouraged by our achievements of the past 12 months. As we transform our business, at pace and amid intense external pressures, I am deeply proud of the resilience, energy and unity of our people.

THIERRY BOLLORÉ

FORMER CHIEF EXECUTIVE OFFICER

FISCAL YEAR AT A GLANCE

Revenue

£0billion

Profit before tax and exceptional items

£(0)billion

Free cash flow

£(0)billion

Net debt

£0billion

Retail sales

0units

Order bank

0units

While full year financial results reflect the restricted sales volumes, the continuing reduction in our breakeven point through revenue and cost management under our Refocus transformation programme enabled us to achieve positive margins and cash flow in the second half of the fiscal year.

ADRIAN MARDELL

CHIEF FINANCIAL OFFICER

2021/22 IN FOCUS