Navya shows a deterioration in the accounts for the first part of the year – 09/27/2022 at 18:26

(AOF) – Navya’s operating profit and net profit reached -13.7 million euros and -13.2 million euros respectively in the first half, both experiencing a widening of 2 million euros and 0.7 million euros compared to the first half of 2021. The specialist in autonomous mobility systems sold 7 Autonom Shuttles and achieved a turnover of 3.9 million euros, against 4.6 million euros in the first half of 2022.

“The expected developments in terms of regulations at the global level have led to a certain wait-and-see attitude on the part of Navya’s customers, resulting in a level of activity slightly below that recorded a year earlier”, commented the company.

During the first weeks of the second half of 2022, Navya is seeing an acceleration in its commercial momentum, a consequence of global advances in regulations on autonomous vehicles. The group intends to take advantage of this momentum to strengthen its market share in strategic countries such as Europe, the USA and Japan.


A paradoxical performance

Data from EY highlights that the performance of the world’s top 16 manufacturers was particularly strong in 2021. While the average margin has fallen for three years in a row, from 6.3% in 2017 to just 3.5% in 2020 , this margin stood at 8.5% in 2021. This level is a record for ten years. However, the context was particularly hectic for manufacturers, faced with unprecedented shortages of components. Global sales fell 14% in 2020, the year of the health crisis, to rebound by only 5% in 2021. However, last year, players were able to reap the benefits of their efforts on their fixed cost structure. .

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