Q3 2019 CONFERENCE INVESTOR RELATIONS / OCTOBER 25, 2019 - - PowerPoint PPT Presentation

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Q3 2019 CONFERENCE INVESTOR RELATIONS / OCTOBER 25, 2019 - - PowerPoint PPT Presentation

Q3 2019 CONFERENCE INVESTOR RELATIONS / OCTOBER 25, 2019 DISCLAIMER Information contained within this document may contain forward looking statements. Although the Company considers that such information and statements are based on reasonable


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INVESTOR RELATIONS / OCTOBER 25, 2019

Q3 2019

CONFERENCE

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Investor Relations – Q3 2019 Presentation – October 25, 2019 Property of Groupe Renault

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 Registration Document filed with the French Autorité des Marchés Financiers). Actual results may differ materially from those projected or implied in these forward looking statements. These forward looking statements are made as of the date of this presentation. 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, exhaustiveness, adequacy, effectiveness and genuineness of any statements and information contained in this report. This information does not constitute an invitation to invest in shares or constitute or form a part of any offer for the sale or subscription of, or any offer to buy or subscribe for, any securities or other financial instruments. 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 2019 Presentation – October 25, 2019 Property of Groupe Renault

01

Q3 2019 Commercial Results Update

Olivier Murguet

Acting Deputy Managing Director EVP, Sales and Regions

02

Q3 2019 Revenues & 2019 Outlook

Clotilde Delbos

Acting Chief Executive Officer EVP, Group Chief Financial Officer

AGENDA

03

Questions & Answers

Investor Relations – Q3 2019 Presentation – October 25, 2019

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Investor Relations – Q3 2019 Presentation – October 25, 2019 Property of Groupe Renault

Q3 2019 Commercial Results Update

01

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Investor Relations – Q3 2019 Presentation – October 25, 2019 Property of Groupe Renault

* PC+LCV including USA & Canada

TIV Evolution Q3 2019 vs Q3 2018

RUSSIA

  • 1.2%

TURKEY

  • 21.7%

SOUTH KOREA -1.7% ALGERIA

  • 13.3%

INDIA

  • 27.4%

IRAN

  • 100.0%

COLOMBIA +8.7% BRAZIL +5.0% ARGENTINA

  • 30.0%

WORLD*

TIV

  • 3.2%

EURASIA

TIV

  • 2.1%

AFRICA-ME-INDIA-PACIFIC

TIV

  • 9.2%

AMERICAS

TIV

  • 3.6%

CHINA

TIV

  • 5.0%

EUROPE

TIV +2.4% CHINA

  • 5.2%

GERMANY +7.1% ITALY +3.8% FRANCE +1.2% UK

  • 1.2%

SPAIN

  • 9.7%
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Investor Relations – Q3 2019 Presentation – October 25, 2019 Property of Groupe Renault

892 432 175 124 111 50 852 417 184 99 110 42 2018 2019 2018 2019 2018 2019 2018 2019 2018 2019 2018 2019

Groupe Renault’s Sales Q3 2019 vs Q3 2018

Thousand units (PC+LCV)

World Market Share: International TIV* GROUP

4.0% (-0.04 pts)

  • 5.4%
  • 0.3% w/o Iran

Global Europe Eurasia Africa-ME-India- Pacific Americas China

  • 3.2%
  • 2.3% w/o Iran

+2.4%

  • 2.1%
  • 9.2%
  • 5.5% w/o Iran
  • 3.6%
  • 5.0%
  • 4.4%
  • 1.8% w/o Iran
  • 3.4%

+5.1%

  • 20.0%
  • 1.2% w/o Iran
  • 1.1%
  • 15.5%

* PC+LCV including USA & Canada

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Investor Relations – Q3 2019 Presentation – October 25, 2019 Property of Groupe Renault

Key Success models

CLIO #2 Europe #1 B Segment ZOE +46%

vs 2018 in Europe

GRANTA #1 Russia KWID +44%

vs 2018 in Brazil

LCV +10%

vs 2018 in Europe

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Investor Relations – Q3 2019 Presentation – October 25, 2019 Property of Groupe Renault

2,970 1,503 546 428 325 168 2,791 1,489 536 319 315 132 2018 2019 2018 2019 2018 2019 2018 2019 2018 2019 2018 2019

Groupe Renault’s Sales YTD 2019 vs YTD 2018

Thousand units (PC+LCV)

World Market Share: International TIV* GROUP

4.3% (stable)

  • 11.2%
  • 4.6% w/o Iran

Global Europe Eurasia Africa-ME-India- Pacific Americas China

  • 6.1%
  • 4.8% w/o Iran
  • 1.0%
  • 7.8%
  • 9.6%
  • 3.4% w/o Iran
  • 5.7%
  • 10.4%
  • 6.0%
  • 2.7% w/o Iran
  • 1.0%
  • 1.9%
  • 25.5%
  • 2.3% w/o Iran
  • 2.9%
  • 21.3%

* PC+LCV including USA & Canada

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Investor Relations – Q3 2019 Presentation – October 25, 2019 Property of Groupe Renault

Russia

~ -3%

Brazil

~ +7%

Europe

0% to -1%

2019 TIV OUTLOOK

~ -4%

Global Automotive Market (1)

(1) The evolution of the global automotive market for all brands also called Total Industry Volume (TIV) indicates the annual variation in sales* volumes of passenger cars and light commercial vehicles** in the main countries including USA & Canada, provided by official authorities or statistical agencies in each country, and consolidated by Groupe Renault to constitute this world market (TIV). *Sales: registrations or deliveries or invoices according to the data available in each consolidated country. **Light commercial vehicles of less than 5.1 tons.

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Investor Relations – Q3 2019 Presentation – October 25, 2019 Property of Groupe Renault

Q3 2019 Revenues & 2019 Outlook

02

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Investor Relations – Q3 2019 Presentation – October 25, 2019 Property of Groupe Renault

Q3 2019 Group Revenues

In million euros

Q3 2018 Q3 2019 Change

Global unit sales (units) 891,584 852,198

  • 4.4%

Group revenues 11,484 11,296

  • 1.6%
  • /w Automotive excl. AVTOVAZ

10,057 9,662

  • 3.9%
  • /w AVTOVAZ

(1)

627 791 +26.2%

  • /w Sales Financing

800 843 +5.4%

(1) AVTOVAZ net of eliminations

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Investor Relations – Q3 2019 Presentation – October 25, 2019 Property of Groupe Renault

Currency Volume Geographic mix Sales to partners Others

  • 3.9%
  • 0.8 pts

+0.1 pts

  • 0.3 pts

+2.1 pts

  • 0.7 pts

+1.2 pts

Price

  • 5.5 pts

CHANGE Q3 2019 vs Q3 2018: -€395m

Q3 2018 Q3 2019

(million euros)

Product mix

10,057

  • 85
  • 553

+215

  • 37

+14 +118

Revenues Variance Analysis

  • 241

9,662

  • 67

Automotive Excluding Avtovaz Groupe Renault

Q3 2018 Q3 2019

Automotive RCI Avtovaz

  • 395

+164 +43 11,296 11,484

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Investor Relations – Q3 2019 Presentation – October 25, 2019 Property of Groupe Renault

(In thousand units)

New Vehicle Distribution Stock Excluding Avtovaz

Group Independent dealers Total

Number of days of sales (backward)

71 57 76 61 69 70 76 65 75

603 613 697 660 588 622 656 630 603 273 190 340 236 285 182 300 218 290 330 423 357 424 303 440 356 412 313

SEP'17 DEC'17 MAR'18 JUN'18 SEP'18 DEC'18 MAR'19 JUN'19 SEP'19

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Investor Relations – Q3 2019 Presentation – October 25, 2019 Property of Groupe Renault

RCI BANQUE PERFORMANCE

Q3 2018 Q3 2019 CHANGE

Revenues (€m)

800 843 +5.4%

Average Performing Assets (€m)

45,311 47,630 +5.1%

New Contracts (units)

424,004 420,819

  • 0.8%

New Financings (€m)

5,016 5,005

  • 0.2%
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Investor Relations – Q3 2019 Presentation – October 25, 2019 Property of Groupe Renault

2019 OUTLOOK

Groupe Renault guidance :

▪ Published Group Revenues should decline between -3% and -4% ▪ Group operating margin should be around 5% ▪ The Automotive operating free cash flow should be positive in H2 while not guaranteed for the full year

Brazil Europe

0% to -1% ~ -3%

Russia

~ +7%

Global Automotive Market (1) ~ -4%

(1) The evolution of the global automotive market for all brands also called Total Industry Volume (TIV) indicates the annual variation in sales* volumes of passenger cars and light commercial vehicles** in the main countries including USA & Canada, provided by official authorities or statistical agencies in each country, and consolidated by Groupe Renault to constitute this world market (TIV). *Sales: registrations or deliveries or invoices according to the data available in each consolidated country. **Light commercial vehicles of less than 5.1 tons.

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Investor Relations – Q3 2019 Presentation – October 25, 2019 Property of Groupe Renault

Questions & Answers

03

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Appendix

04

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Investor Relations – Q3 2019 Presentation – October 25, 2019 Property of Groupe Renault

Q3 2019 YTD Group Revenues

In million euros

Q3 2018

YTD

Q3 2019

YTD

CHANGE

Global unit sales (Kunits) 2,970 2,791

  • 6.0%

Group revenues 41,441 39,347

  • 5.1%
  • /w Automotive excl. AVTOVAZ

36,924 34,453

  • 6.7%
  • /w AVTOVAZ

(1)

2,104 2,348 +11.6%

  • /w Sales Financing

2,413 2,546 +5.5%

(1) AVTOVAZ net of eliminations

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Investor Relations – Q3 2019 Presentation – October 25, 2019 Property of Groupe Renault

Currency Volume Geographic mix Sales to partners Others

  • 6.7%
  • 3.6 pts
  • 0.1 pts
  • 0.2 pts

+1.3 pts

  • 1.0 pt

+0.6 pts

Price

  • 3.7 pts

CHANGE Q3 YTD 2019 vs Q3 YTD 2018: -€ 2,471 m

Q3 2018 YTD Q3 2019 YTD

(million euros)

Product mix

34,453 36,924

  • 1,314
  • 1,376

+472

  • 67
  • 20

+213

Automotive Excluding Avtovaz Revenues Variance Analysis

  • 379
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Investor Relations – Q3 2019 Presentation – October 25, 2019 Property of Groupe Renault

RCI BANQUE PERFORMANCE YTD

Q3 2018

YTD

Q3 2019

YTD

CHANGE

Revenues (€m)

2,413 2,546 +5.5%

Average Performing Assets (€m)

44,238 47,010 +6.3%

New Contracts (units)

1,371,150 1,339,323

  • 2.3%

New Financings (€m)

16,071 15,868

  • 1.3%
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