RENAULT GROUP Q THIERRY KOSKAS DOMINIQUE THORMANN

Transcription

1 RENAULT GROUP Q THIERRY KOSKAS DOMINIQUE THORMANN

2 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 ( in the section Finance / Regulated Information. 2

3 AGENDA 01 Q COMMERCIAL RESULTS UPDATE THIERRY KOSKAS EVP, SALES & MAKETING 02 Q REVENUES & OUTLOOK DOMINIQUE THORMANN EVP & CFO 03 QUESTIONS & ANSWERS 3

4 KEY TAKE-AWAYS FROM Q1 RESULTS STRONG EUROPEAN MARKET MIXED SITUATION IN EMERGING MARKETS SUCCESS OF OUR NEW PRODUCTS STRONG FOREX HEADWIND FY GUIDANCE CONFIRMED 4

5 01 Q COMMERCIAL RESULTS UPDATE THIERRY KOSKAS EVP, SALES & MARKETING 5

6 TIV EVOLUTION Q VS Q WORLD* TIV +1.5% EUROPE TIV +8.2% EURASIA TIV -12.4% AFRICA-ME-INDIA TIV -7.8% AMERICAS TIV -11.5% ASIA-PACIFIC TIV +2.8% * PC+LCV including USA & Canada FRANCE +8.4% GERMANY +4.8% UK +4.5% SPAIN +7.1% ITALY +21.1% ALGERIA -54.4% MOROCCO +17.5% BRAZIL -28.3% ARGENTINA +1.6% COLOMBIA -16.3% RUSSIA -16.9% TURKEY -2.7% CHINA +5.9% SOUTH KOREA +5.2% INDIA +3.3% 6

7 RENAULT GROUP UNIT REGISTRATIONS Q VS Q K units (PC+LCV) WORLD MARKET SHARE: 3.1% (+0.2 pts) INTERNATIONAL +4.7% Q1'15 Q1'16 Q1'15 Q1'16 Q1'15 Q1'16 Q1'15 Q1'16 Q1'15 Q1'16 Q1'15 Q1'16 GROUP GLOBAL +7.3% EUROPE +8.9% EURASIA -2.0% AFRICA-ME-INDIA +36.1% AMERICAS -11.1% ASIA-PACIFIC -11.5% TIV +1.5% +8.2% -12.4% -7.8% -11.5% +2.8% 7

8 EUROPE KEEPS PUSHING SALES MOMENTUM REGIONAL SALES BREAKDOWN TOP 10 MARKETS BY VOLUME Market share vs. (PC+LCV) Q FRANCE 26.5 % +0.1 pts 69% 63% 55% 51% 56% 62% 63% ITALY GERMANY UK 9.2 % 4.7 % 4.4 % +0.1 pts +0.1 pts +0.3 pts 55% 52% 48% 36% 31% 37% 48% 45% 49% 44% 38% 42% 37% Q Q Q Q Q Q Q EUROPE INTERNATIONAL SPAIN 10.4 % BRAZIL 6.9 % TURKEY 17.5 % INDIA 3.6 % RUSSIA 7.3 % BELGIUM+LUX 11.7 % -1.5 pts +0.1 pts +1,5 pts +2,3 pts +0.2 pts -0,6 pts 8

9 EUROPE REGION GROUP PC+LCV : BREAKDOWN OF REGISTRATIONS K units (PC+LCV) Q TIV & MARKET MIX -1 PERFORMANCE Q GROUP MARKET SHARE PC+LCV Q TIV PERF Q GROUP ORDER BOOK PC + LCV Europe 9.8% +0.1 pts France 26.5% +0.1 pts 9

10 EURASIA REGION GROUP PC+LCV : BREAKDOWN OF REGISTRATIONS K units (PC+LCV) Q Q1 16 TIV -4 PERFORMANCE & MARKET MIX GROUP MARKET SHARE PC+LCV Q TIV PERF Q RENAULT KADJAR Eurasia 11.9% +1.3 pts Turkey 17.5% +1.5 pts 10

11 AFRICA-MIDDLE EAST-INDIA REGION GROUP PC+LCV : BREAKDOWN OF REGISTRATIONS K units (PC+LCV) Q TIV & MARKET MIX +39 PERFORMANCE Q GROUP MARKET SHARE PC+LCV Q RENAULT TIV KWID PERF Q Africa-ME-India 4.6% +1.5 pts India 3.6% +2.3 pts 11

12 AMERICAS REGION GROUP PC+LCV : BREAKDOWN OF REGISTRATIONS K units (PC+LCV) Q TIV PERFORMANCE Q & MARKET MIX 72 GROUP MARKET SHARE PC+LCV Q TIV PERF Q RENAULT OROCH Americas 5.7% +0.0 pt Brazil 6.9% +0.1 pts = 12

13 ASIA-PACIFIC REGION GROUP PC+LCV : BREAKDOWN OF REGISTRATIONS* K units Q1 15 TIV -4 Q3 14 Q1 16 & MARKET MIX 28 PERFORMANCE Q (PC+LCV) GROUP MARKET SHARE PC+LCV Q TIV PERF Q * Restatement on 2015 & 2016 Chinese sales: reported on retail sales basis versus wholesales previously RENAULT SAMSUNG SM6 Asia-Pacific 0.3% 0.0 pt South Korea 4.0% -0.3 pts = 13

14 NEW MODELS ON THE RIGHT TRACK NEW ESPACE Registrations Q1: 7,735 RV* France: +18 pts vs Espace IV NEW MEGANE Registrations Q1: 13,587 RV France: +9.3 pts vs Mégane III KADJAR Registrations Q1: 35,358 KWID Registrations Q1: 23,288 TALISMAN Registrations Q1: 5,007 RV France: pts vs Laguna DUSTER OROCH Registrations Q1: 3,191 * RV : Residual Value 14

15 02 Q REVENUES & OUTLOOK DOMINIQUE THORMANN EVP & CFO 15

16 RENAULT GROUP REVENUES BY DIVISION IN Q In million euros Q Q Change (%) Automotive 8,829 9, % Sales Financing % TOTAL 9,388 10, % 16

17 AUTOMOTIVE REVENUE VARIANCE ANALYSIS In million euros CHANGE Q / Q : + 1,113m Volume Geographic mix Product mix Price +237 Sales to partners +238 Currency -394 Others ,942 8, pts +0.9 pts +1.9 pts +2.7 pts +2.7 pts -4.5 pts -1.3 pts +12.6% Q Q

18 NEW VEHICLE DISTRIBUTION STOCK (IN K UNITS) TOTAL GROUP INDEPENDENT DEALERS DEC'13 MAR'14 JUN'14 SEP'14 DEC'14 MAR'15 JUN'15 SEP'15 DEC'15 MAR' Number of days of sales (previous period) 18

19 RCI BANQUE PERFORMANCE Revenues (in m) Q Q Change (%) % Average Performing Assets* (in bn) % New contracts (in thousand units) % New financings % (in bn) * Restated to include operating leases since the beginning of 2016, representing : 0.3 bn in Q and 0.5 bn in Q

20 OUTLOOK 2016 In 2016, the global market is expected to grow 2% compared to The European market is now expected to increase by at least 5% (vs +2% previously). Outside Europe, the Brazilian and Russian markets are expected to decline further, by 15% to 20% (vs -6% previously) and 12% respectively. On the contrary, China (+4% to +5%) and India (+8%) should pursue their positive momentum. THE GROUP* IS AIMING TO: Increase group revenues (at constant exchange rates) Improve group operating margin Generate a positive Automotive operational free cash flow * at constant scope of consolidation 20

21 03 QUESTIONS & ANSWERS 21

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