GROUPE RENAULT Q3 2017 CONFERENCE INVESTOR RELATIONS Q3 2017 - - PowerPoint PPT Presentation

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GROUPE RENAULT Q3 2017 CONFERENCE INVESTOR RELATIONS Q3 2017 - - PowerPoint PPT Presentation

GROUPE RENAULT Q3 2017 CONFERENCE INVESTOR RELATIONS Q3 2017 PRESENTATION OCTOBER 24TH 2017 PROPERTY OF GROUPE RENAULT 1 DISCLAIMER Information contained within this document may contain forward looking statements. Although the Company


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PROPERTY OF GROUPE RENAULT

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INVESTOR RELATIONS – Q3 2017 PRESENTATION OCTOBER 24TH 2017

GROUPE RENAULT Q3 2017 CONFERENCE

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INVESTOR RELATIONS – Q3 2017 PRESENTATION OCTOBER 24TH 2017

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 – Q3 2017 PRESENTATION OCTOBER 24TH 2017

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Q3 2017 COMMERCIAL RESULTS UPDATE THIERRY KOSKAS EVP, SALES & MARKETING

02

Q3 2017 REVENUES & OUTLOOK CLOTILDE DELBOS EVP & CFO

03 QUESTIONS & ANSWERS

AGENDA

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KEY TAKE-AWAYS

  • ON-GOING RECOVERY IN KEY EMERGING MARKETS
  • AVTOVAZ RECOVERY WELL ON-TRACK
  • STRONG GROWTH IN SALES TO PARTNERS
  • RISK: FOREX VOLATILITY
  • OPPORTUNITY: VOLUME
  • FULL-YEAR GUIDANCE CONFIRMED
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INVESTOR RELATIONS – Q3 2017 PRESENTATION OCTOBER 24TH 2017

Q3 2017 COMMERCIAL RESULTS UPDATE

01

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INVESTOR RELATIONS – Q3 2017 PRESENTATION OCTOBER 24TH 2017

* PC+LCV including USA & Canada

TIV EVOLUTION Q3 2017 VS Q3 2016

RUSSIA +17.7% TURKEY +14.4% ALGERIA

  • 29.6%

MOROCCO +18.6% IRAN +18.5% INDIA +13.7% BRAZIL +14.6% ARGENTINA +18.5% COLOMBIA

  • 2.6%

WORLD*

TIV +3.4%

EURASIA

TIV +15.5%

AFRICA-ME-INDIA

TIV +4.2%

AMERICAS

TIV +7.1%

ASIA-PACIFIC

TIV +4.7 %

EUROPE

TIV +1.4% FRANCE +6.7% GERMANY +0.6% UK

  • 8.1%

SPAIN +7.3% ITALY +6.1% CHINA +4.2% SOUTH KOREA +12.9%

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INVESTOR RELATIONS – Q3 2017 PRESENTATION OCTOBER 24TH 2017

792 379 130 149 97 37 866 397 129 185 110 45

100 200 300 400 500 600 700 800 900

2016 2017 2016 2017 2016 2017 2016 2017 2016 2017 2016 2017

GROUPE RENAULT’S UNIT REGISTRATIONS Q3 2017 VS Q3 2016 (incl. Lada)

K units (PC+LCV)

WORLD MARKET SHARE: 3.8% (+0.2pts)

INTERNATIONAL +13.5% GLOBAL +9.4%

+7.8%

EUROPE +4.9%

+4.8%

AMERICAS +14.0%

+14.0%

ASIA-PACIFIC +21.1%

+19.7%

AFRICA-ME-INDIA

  • 1.3%
  • 1.6%

EURASIA +24.3%

+24.9%

+3.4% TIV +1.4% +15.5% +4.2% +7.1% +4.7% GROUP

GROUP excl. Lada

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INVESTOR RELATIONS – Q3 2017 PRESENTATION OCTOBER 24TH 2017

36% 42% 48% 55% 52% 48%

REGIONAL SALES BREAKDOWN

WEIGHT OF INTERNATIONAL SALES INCREASING

TOP 10 MARKETS BY VOLUME Q3 (in K units)

01 02 03 04 05 06 07 08 09 10 Volume Q3 2017 Market share vs. Q3 2016

FRANCE

130,895 25.3%

  • 0.1 pts

RUSSIA

115,860 28.2% +1.2 pts

GERMANY

51,811 5.8% +0.6 pts

BRAZIL

49,326 8.5% +0.7 pts

TURKEY

42,626 18.8% +3.5 pts

IRAN

42,184 10.5% +0.8 pts

ITALY

41,381 9.5% +0.7 pts

SPAIN

40,776 13.1%

  • 0.0 pts

ARGENTINA

34,179 14.3%

  • 1.4 pts

INDIA

29,420 2.9%

  • 1.3 pts

PC+LCV

59% 65% 61% 56% 51% 52% 54% 41% 35% 39% 44% 49% 48% 46%

Q3 2011 Q3 2012 Q3 2013 Q3 2014 Q3 2015 Q3 2016 Q3 2017

International Europe

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INVESTOR RELATIONS – Q3 2017 PRESENTATION OCTOBER 24TH 2017

SCENIC KWID KAPTUR / CAPTUR

3rd in segment 2nd in segment

FOCUS ON NEW MODELS (YTD SEPTEMBER PERFORMANCE)

1st in segment 3rd in segment 4th in segment 6th in segment 5th in segment

36% segment share on Sept

KOLEOS

10,337 orders since launch

ZOE

…AND ZOE REMAINS THE BEST SELLING EV IN EUROPE

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Q3 2017 REVENUES & OUTLOOK

02

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Q3 2017 GROUP REVENUES

In million euros

Q3 2016 Q3 2017 CHANGE

GLOBAL UNIT SALES* (units)

791,890 866,233 +9.4%

GROUP REVENUES

10,546 12,218 +15.9%

  • /w AUTOMOTIVE

9,989 10,974 +9.9%

  • /w AVTOVAZ**
  • 634
  • /w SALES FINANCING

557 610 +9.5%

* proforma 2016 to include Lada sales ** AVTOVAZ net of eliminations Nota Bene: AVTOVAZ accounted for by equity method in 2016 and fully consolidated in 2017

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Currency Volume Geographic mix Sales to partners Others

+9.9%

+2.7 pts +0.1 pts +1.0 pts +1.1 pts

  • 2.4 pts

+2.6 pts Price +4.8 pts

CHANGE Q3 2017 vs Q3 2016: +€985m

Q3 2016 Q3 2017

(million euros) Product mix

10,974 9,989

+267 +474 +115 +104 +13 +253

  • 1,036

AUTOMOTIVE EXCLUDING AVTOVAZ REVENUES VARIANCE ANALYSIS

  • 241
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520 481 593 571 591 564 670 618 609 260 141 298 200 267 165 327 208 276 260 340 295 371 324 399 343 410 333

SEP'15 DEC'15 MAR'16 JUN'16 SEP'16 DEC'16 MAR'17 JUN'17 SEP'17

GROUP INDEPENDENT DEALERS TOTAL

Number of days of sales (backward)

78 77 55 60

(IN K UNITS)

76

* 2015 restated

59 78 63

NEW VEHICLE DISTRIBUTION STOCK* EXCLUDING AVTOVAZ

71

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RCI BANQUE PERFORMANCE

Q3 2016 Q3 2017 CHANGE

REVENUES (€m)

557 610 +9.5%

AVERAGE PERFORMING ASSETS (€m)

33,940 40,132 +18.2%

NEW CONTRACTS (units)

381,487 435,066 +14.0%

NEW FINANCINGS (€m)

4,373 5,022 +14.8%

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OUTLOOK 2017

  • In 2017, the global market should see growth of 2% to 3% (versus +1.5% to +2.5%

previously). The European market is expected to grow around 3% (versus +2% previously). The French market is expected to expand by around 4% (versus +2% previously).

  • Outside Europe, the Russian market could grow around 10% (versus more than 5%

previously), and the Brazilian market up to 8% (versus by 5% previously). The growth momentum is expected to continue in China (around 5%) and India (more than 8%).

INCLUDING AVTOVAZ, THE GROUP CONFIRMS ITS FULL YEAR 2017 GUIDANCE:

  • Increase Group revenues, beyond the impact of AVTOVAZ (at constant exchange rates)*
  • Increase Group operating profit in euros*
  • Generate a positive Automotive operational free cash flow

* compared with 2016 Groupe Renault published results

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QUESTIONS & ANSWERS

03

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APPENDIX

04

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2,494 1,350 339 446 255 104 2,746 1,423 378 508 292 145

2016 2017 2016 2017 2016 2017 2016 2017 2016 2017 2016 2017

GROUPE RENAULT’S UNIT REGISTRATIONS YTD 2017 VS YTD 2016 (incl. Lada)

K units (PC+LCV)

WORLD MARKET SHARE: 4.0% (+0.3pts)

INTERNATIONAL +15.6% GLOBAL +10.1%

+9.5%

EUROPE +5.4%

+5.3%

AMERICAS +14.4%

+14.3%

ASIA-PACIFIC +40.0%

+38.9%

AFRICA-ME-INDIA +11.4%

+11.1%

EURASIA +13.8%

+12.7%

+2.7% TIV +3.5% +6.8% +1.3% +7.9% +3.6% GROUP

GROUP excl. Lada

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Q3 2017 YTD GROUP REVENUES

In million euros

Q3 2016

YTD

Q3 2017

YTD

CHANGE

GLOBAL UNIT SALES* (Kunits)

2,291 2,508 +9.5%

GROUP REVENUES

35,731 41,755 +16.9%

  • /w AUTOMOTIVE

34,067 37,969 +11.5%

  • /w AVTOVAZ**
  • 1,925
  • /w SALES FINANCING

1,664 1,861 +11.9%

* proforma 2016 to include Lada sales ** AVTOVAZ net of eliminations Nota Bene: AVTOVAZ accounted for by equity method in 2016 and fully consolidated in 2017

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Currency Volume Geographic mix Sales to partners Others

+11.5%

+3.9 pts

  • 0.0 pts

+0.7 pts +2.0 pts

  • 0.1 pts

+1.8 pts Price +3.2pts

CHANGE Q3 YTD 2017 vs Q3 YTD 2016: +€3,902m

Q3 2016 YTD Q3 2017 YTD

(million euros) Product mix

37,969 34,067

+1,313 +1,082 +664 +244

  • 3

+649

AUTOMOTIVE EXCLUDING AVTOVAZ REVENUES VARIANCE ANALYSIS

  • 47
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RCI BANQUE PERFORMANCE YTD

Q3 2016

YTD

Q3 2017

YTD CHANGE

REVENUES (€m)

1,664 1,861 +11.8%

AVERAGE PERFORMING ASSETS (€m)

32,590 39,091 +19.9%

NEW CONTRACTS (units)

1,151,792 1,317,692 +14.4%

NEW FINANCINGS (€m)

15,374 15,374 +16.1%