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INVESTOR RELATIONS – Q3 2017 PRESENTATION OCTOBER 24TH 2017
GROUPE RENAULT Q3 2017 CONFERENCE
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
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
Q3 2017 COMMERCIAL RESULTS UPDATE THIERRY KOSKAS EVP, SALES & MARKETING
Q3 2017 REVENUES & OUTLOOK CLOTILDE DELBOS EVP & CFO
AGENDA
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INVESTOR RELATIONS – Q3 2017 PRESENTATION OCTOBER 24TH 2017
KEY TAKE-AWAYS
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INVESTOR RELATIONS – Q3 2017 PRESENTATION OCTOBER 24TH 2017
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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
MOROCCO +18.6% IRAN +18.5% INDIA +13.7% BRAZIL +14.6% ARGENTINA +18.5% COLOMBIA
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
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
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%
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%
ARGENTINA
34,179 14.3%
INDIA
29,420 2.9%
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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INVESTOR RELATIONS – Q3 2017 PRESENTATION OCTOBER 24TH 2017
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INVESTOR RELATIONS – Q3 2017 PRESENTATION OCTOBER 24TH 2017
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%
9,989 10,974 +9.9%
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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INVESTOR RELATIONS – Q3 2017 PRESENTATION OCTOBER 24TH 2017
Currency Volume Geographic mix Sales to partners Others
+9.9%
+2.7 pts +0.1 pts +1.0 pts +1.1 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
AUTOMOTIVE EXCLUDING AVTOVAZ REVENUES VARIANCE ANALYSIS
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INVESTOR RELATIONS – Q3 2017 PRESENTATION OCTOBER 24TH 2017
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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INVESTOR RELATIONS – Q3 2017 PRESENTATION OCTOBER 24TH 2017
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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INVESTOR RELATIONS – Q3 2017 PRESENTATION OCTOBER 24TH 2017
OUTLOOK 2017
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).
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:
* compared with 2016 Groupe Renault published results
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INVESTOR RELATIONS – Q3 2017 PRESENTATION OCTOBER 24TH 2017
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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INVESTOR RELATIONS – Q3 2017 PRESENTATION OCTOBER 24TH 2017
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%
34,067 37,969 +11.5%
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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INVESTOR RELATIONS – Q3 2017 PRESENTATION OCTOBER 24TH 2017
Currency Volume Geographic mix Sales to partners Others
+11.5%
+3.9 pts
+0.7 pts +2.0 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
+649
AUTOMOTIVE EXCLUDING AVTOVAZ REVENUES VARIANCE ANALYSIS
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INVESTOR RELATIONS – Q3 2017 PRESENTATION OCTOBER 24TH 2017
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%