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Annual report 2022
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

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Revenue
£ 18.3 billion
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Profit before tax and exceptional items
£ 0.4 billion
money
Free cash flow
£ 1.2 billion
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Net debt
£ 3.2 billion
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Retail sales
£ 376381 units
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Order bank
£ 168471 units
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