Core Insights - Jaguar Land Rover reported stable financial performance for Q1 of FY 2025/26, achieving global revenue of £6.6 billion and maintaining profitability for the eleventh consecutive quarter with a pre-tax profit of £351 million [1][3] Financial Performance - Global wholesale volume for the quarter was 87,286 units, with nearly 80% of sales coming from the Range Rover, Range Rover Sport, and Land Rover Defender models [1] - As of the end of the quarter, global free cash flow reached £758 million, with current assets totaling £5 billion, including £3.3 billion in cash and £1.7 billion in undrawn credit facilities [3] Strategic Focus - CEO Adrian Mardell emphasized the company's commitment to the "Reimagine" strategy, with an investment of £3.8 billion in the current fiscal year to support the development of next-generation products [3] - The electric drive systems manufacturing center in Wolverhampton is nearing completion, focusing on the production of electric drive components and battery packs [3] - The all-electric Range Rover family, based on the EMA architecture, has completed over 200 tests at the Halewood plant, with 65,000 potential customers registered for the electric version [3] Market Expansion - In the Chinese market, Jaguar Land Rover is launching several new models, including the Land Rover Defender OCTA, the new Range Rover Sport SV, and the Jaguar XFL 90th Anniversary Edition [3] Long-term Strategy - The company plans to deepen the implementation of the "Reimagine" strategy, continuing the five-year £18 billion investment plan aimed at achieving sustainable growth [4] - Full-year performance expectations remain unchanged, targeting an EBIT margin of 5% to 7%, with a commitment to year-on-year improvements over the next two fiscal years [4]