GROUPE RENAULT Q1 2018 CONFERENCE INVESTOR RELATIONS Q1 2018 - - PowerPoint PPT Presentation

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GROUPE RENAULT Q1 2018 CONFERENCE INVESTOR RELATIONS Q1 2018 - - PowerPoint PPT Presentation

GROUPE RENAULT Q1 2018 CONFERENCE INVESTOR RELATIONS Q1 2018 PRESENTATION APRIL 27TH 2018 PROPERTY OF GROUPE RENAULT 1 DISCLAIMER Information contained within this document may contain forward looking statements. Although the Company


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INVESTOR RELATIONS – Q1 2018 PRESENTATION APRIL 27TH 2018

GROUPE RENAULT Q1 2018 CONFERENCE

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INVESTOR RELATIONS – Q1 2018 PRESENTATION APRIL 27TH 2018

DISCLAIMER

Information contained within this document may contain forward looking statements. Although the Company considers that such information and statements are based on reasonable assumptions taken on the date of this report, due to their nature, they can be risky and uncertain (as described in the Renault documentation registered within the French financial markets regulation authorities) and can lead to a difference between the exact figures and those given or deduced from said information and statements. Renault does not undertake to provide updates or revisions, should any new statements and information be available, should any new specific events occur or for any other reason. Renault makes no representation, declaration or warranty as regards the accuracy, sufficiency, adequacy, effectiveness and genuineness of any statements and information contained in this report. Further information on Renault can be found on Renault’s web site (www.group.renault.com), in the section Finance / Regulated Information.

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INVESTOR RELATIONS – Q1 2018 PRESENTATION APRIL 27TH 2018

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Q1 2018 COMMERCIAL RESULTS UPDATE THIERRY KOSKAS EVP, SALES & MARKETING

02

Q1 2018 REVENUES & OUTLOOK CLOTILDE DELBOS EVP & CFO

03 QUESTIONS & ANSWERS

AGENDA

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INVESTOR RELATIONS – Q1 2018 PRESENTATION APRIL 27TH 2018

  • GOOD START IN EUROPE
  • MIXED SITUATION IN EM
  • STRONG ADVERSE FOREX
  • POSITIVE VAZ CONTRIBUTION TO REVENUE GROWTH
  • FY GUIDANCE CONFIRMED

KEY TAKE-AWAYS FROM Q1 RESULTS

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INVESTOR RELATIONS – Q1 2018 PRESENTATION APRIL 27TH 2018

Q1 2018 COMMERCIAL RESULTS UPDATE

01

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* PC+LCV including USA & Canada

TIV EVOLUTION Q1 2018 VS Q1 2017

RUSSIA +21.7% TURKEY +1.5% ALGERIA +21.9% MOROCCO

  • 8.5%

IRAN +12.7% INDIA +10.3% BRAZIL +14.7% ARGENTINA +19.1% COLOMBIA

  • 2.0%

WORLD*

TIV +2.7%

EURASIA

TIV +16.4%

AFRICA-ME-INDIA

TIV +5.4%

AMERICAS

TIV +6.9%

ASIA-PACIFIC

TIV +2.0%

EUROPE

TIV +0.6% FRANCE +3.4% GERMANY +3.9% UK

  • 11.4%

SPAIN +10.4% ITALY

  • 1.5%

CHINA +2.7% SOUTH KOREA -0.5%

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INVESTOR RELATIONS – Q1 2018 PRESENTATION APRIL 27TH 2018

892 479 127 136 85 65 935 492 121 166 103 53

2017 2018 2017 2018 2017 2018 2017 2018 2017 2018 2017 2018

GROUPE RENAULT’S UNIT REGISTRATIONS Q1 2018 VS Q1 2017 (incl. Lada & Jinbei/Huasong)

K units (PC+LCV)

WORLD MARKET SHARE: 3.95% (+0.1pts)

INTERNATIONAL +7.1% GLOBAL +4.8% EUROPE +2.8% AMERICAS +21.3% ASIA-PACIFIC

  • 18.6%

AFRICA-ME-INDIA

  • 5.3%

EURASIA +22.1% +2.7% TIV +0.6% +16.4% +5.4% +6.9% +2.0% GROUP

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INVESTOR RELATIONS – Q1 2018 PRESENTATION APRIL 27TH 2018

KOLEOS/QM6

In D-Crossover segment

  • FRANCE : #2 (Segment Share : 15.4%)
  • EUROPE : #12 (Segment Share : 3.2%)
  • CHINA : #19 (Segment Share : 1.4%)
  • KOREA : #3 (Segment Share : 11.1%)

KWID AMERICAS

In A-segment

  • BRAZIL : #2 (Segment Share : 21.5%)
  • ARGENTINA : #2 (Segment Share : 22.6%)

DUSTER & NEW DUSTER

In C-Crossover segment

  • FRANCE : #2 (Segment Share : 13.0%)
  • EUROPE : #5 (Segment Share : 5.9%)

CAPTUR

In C-Crossover segment

  • BRAZIL : #3 (Segment Share : 10.6%)
  • ARGENTINA : #2 (Segment Share : 24.8%)
  • INDIA : #5 (Segment Share : 3.9%)

EV Europe

  • ZOE : Leader in the EV market
  • KANGOO ZE : Leader in the LCV EV market

NEW MODELS – Q1 2018 PERFORMANCE

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INVESTOR RELATIONS – Q1 2018 PRESENTATION APRIL 27TH 2018

2018 TIV OUTLOOK RUSSIA

~ +10%

CHINA

>+5%

INDIA

+6%

BRAZIL

>+5%

FRANCE

+1%

EUROPE

+1%

GLOBAL TIV*

+2.5%

* PC+LCV including USA & Canada

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INVESTOR RELATIONS – Q1 2018 PRESENTATION APRIL 27TH 2018

Q1 2018 REVENUES & OUTLOOK

02

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Q1 2018 GROUP REVENUES

In million euros

Q1 2018 Q1 2017 CHANGE

GLOBAL UNIT SALES (units) 935,041 892,348

+4.8%

GROUP REVENUES

13,155 13,129 +0.2%

  • /w AUTOMOTIVE excl. AVTOVAZ

11,646* 11,939

  • 2.5%
  • /w AVTOVAZ **

716 569 +25.8%

  • /w SALES FINANCING

793* 621 +27.7%

* Change in the accounting treatment of interest rate subsidies : -€136m on the Automotive excluding AVTOVAZ segment / +€136m on sales financing ** AVTOVAZ net of eliminations

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Currency Volume Geographic mix Sales to partners Others*

  • 2.5%

+2.3 pts

  • 0.5 pts
  • 0.5 pts

+1.2 pts

  • 4.8 pts
  • 1.1 pts

Price +0.9 pts

Q1 2017 Q1 2018

Product mix

11,939 11,646*

+275 +115 +140

  • 54
  • 61
  • 133
  • 575

(million euros)

CHANGE Q1 2018 vs Q1 2017: -€293m

AUTOMOTIVE EXCLUDING AVTOVAZ REVENUES VARIANCE ANALYSIS

* Including a change in the accounting treatment of interest rate subsidies for -€136m on the Automotive excluding AVTOVAZ segment

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593 571 591 564 670 618 609 613 697 298 200 267 165 327 208 276 190 340 295 371 324 399 343 410 333 423 357

MAR'16 JUN'16 SEP'16 DEC'16 MAR'17 JUN'17 SEP'17 DEC'17 MAR'18

GROUP INDEPENDENT DEALERS TOTAL

Number of days of sales (backward)

60 78 76

(K units)

59 78 63 71

NEW VEHICLE DISTRIBUTION STOCK EXCLUDING AVTOVAZ

57 76

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RCI BANQUE PERFORMANCE

Q1 2018 Q1 2017 CHANGE

REVENUES (€m)

793* 621 +27.7%

AVERAGE PERFORMING ASSETS (€m)

42,939 37,930 +13.2%

NEW CONTRACTS (units)

448,783 428,586 +4.7%

NEW FINANCINGS (€m)

5,238 5,021 +4.3%

* Including a change in the accounting treatment of interest rate subsidies for +€136m

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2018 OUTLOOK

THE GROUP IS AIMING TO:

* Excluding IFRS 15 impact

  • INCREASE GROUP REVENUES* (AT CONSTANT EXCHANGE RATES AND PERIMETER)
  • MAINTAIN GROUP OPERATING MARGIN ABOVE 6.0%*
  • GENERATE A POSITIVE AUTOMOTIVE OPERATIONAL FREE CASH FLOW
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QUESTIONS & ANSWERS

03