2017 Q1 REVENUE - Groupe PSA · NEW CITROEN C3 100,000 ORDERS ... GROUP REVENUE*: ... *** o/w 104...
Transcript of 2017 Q1 REVENUE - Groupe PSA · NEW CITROEN C3 100,000 ORDERS ... GROUP REVENUE*: ... *** o/w 104...
2017 Q1 REVENUE April 26th, 2017
DISCLAIMER
This presentation does not constitute an offer to sell, or a solicitation of an offer to buy, PEUGEOT SA
(“Company”) shares.
This presentation may contain forward-looking statements. Such forward-looking statements do not
constitute forecasts regarding the Company’s results or any other performance indicator, but rather trends
or targets, as the case may be. These statements are by their nature subject to risks and uncertainties as
described in the registration document filed with the French Autorité des Marchés Financiers (AMF). These
statements do not reflect future performance of the Company, which may materially differ.
The Company does not undertake to provide updates of these statements.
More comprehensive information about PSA Group may be obtained on the Group website (www.groupe-
psa.com), under Regulated Information.
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HIGHLIGHTS
Jean-Baptiste de Chatillon
CFO and member of the Managing Board
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NEW CITROEN C3
100,000 ORDERS SINCE LAUNCH
65% 2-TONE / 45% ON HIGHEST LEVEL
EUROPE - PRODUCT BLITZ
New Citroen C3
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EUROPE - PRODUCT BLITZ
NEW PEUGEOT 3008
125,000 ORDERS SINCE LAUNCH
>80% ON HIGHEST LEVELS
New Peugeot 3008
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EUROPE - PRODUCT BLITZ
1ST IN LCVs in EUROPE
3 SEGMENTS = 3 PODIUMS
SALES UP +10%
New Citroen Jumpy
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DS 7 CROSSBACK
THE NEW SUV BY DS,
INNOVATIVE SAVOIR-FAIRE FROM PARIS
EUROPE - PRODUCT BLITZ
DS 7 Crossback
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INVESTING IN NEW FRONTIERS
VIETNAM
Partnership signed with THACO
(assembly of 2 New SUVs) URUGUAY
New LCVs assembly lines
IRAN
New 2008 – Start of production
INDIA
Building a long lasting partnership
IRAN
SAIPA – Closing achieved
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Q1 REVENUE
Jean-Baptiste de Chatillon
CFO and member of the Managing Board
Total ConsolidatedWorldwide Sales *
Europe China & SE Asia Middle East& Africa **
Latin America India & Pacific Eurasia
Q1 CONSOLIDATED WORLDWIDE SALES*
Q1 2016
Q1 2017
+4.2% +0.1% +299.7% -45.6% -1.5% +31.2% -15.6%
700 729
465 465
153
83
33 42 41 5 4
133
In thousands of units
* Assembled vehicles, CKDs and vehicles under License
** o/w 104 kunits sold under Peugeot license in Q1 2017 following the final JV agreement signed with Iran Khodro on 21 June 2016
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197 226
175 164
End March2016
End March2017
RIGHTSIZED INVENTORIES
390 372
In thousands of new vehicles*
* World figures excluding China
Independent dealership inventory
Group inventory
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Q1 2016 Q1 2017
GROUP REVENUE*: +6.7 % CUMULATED GROWTH AT 2015 EXCHANGE RATES
In million Euros
Group Faurecia Automotive Division
Q1 2016 Q1 2017 Q1 2016 Q1 2017
8,796
12,998
13,629
4,656
5,092
9,018
* Breakdown in attachment
+2.5%
+4.9%
+9.3%
vs Q1 2015
At constant
exchange rates
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+6.7 %
Q1 AUTOMOTIVE REVENUE ANALYSIS
Q1 2016 Q1 2017
Product
Mix Others*
Volumes &
Country Mix Price
+0.4%
8,796
9,018
variation: +2.5%
In million Euros
+3.7%
Sales to
Partners
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+0.1% -0.3 % -0.3 %
FX
-1.0 %
* Including accounting treatment of buy back commitment, short term rental
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OUTLOOK
* Recurring Operating Income related to Revenue
** At constant (2015) exchange rates
2017 Market Outlook Operational Outlook
CHINA
+ 5%
EUROPE
+ 1%
LATIN AMERICA
+ 2%
RUSSIA
-
Deliver over 4.5% Automotive Recurring
Operating Margin* on average
in 2016-2018, and target over 6% by 2021
Deliver 10% Group Revenue growth
by 2018** vs 2015,
and target additional 15% by 2021**
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Q&A
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ATTACHMENTS
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Q1 WORLDWIDE UNIT SALES*
Units* Q1 2016 Q1 2017 Change
Europe** Peugeot Citroën DS Total PSA
264,072 181,782
19,050 464,904
267,575 186,832 10,905
465,312
+1.3% +2.8%
-42.8% +0.1%
China & South East Asia Peugeot Citroën DS Total PSA
85,152 62,549
5,004 152,705
56,868 24,257
1,920 83,045
-33.2% -61.2% -61.6% -45.6%
Latin America Peugeot Citroën DS Total PSA
27,223 14,016
287 41,526
26,552 13,985
370 40,907
-2.5% -0.2%
+28.9% -1.5%
Eurasia Peugeot Citroën DS Total PSA
1,191 957
24 2,172
1,851 983 16
2,850
+55.4% +2.7%
-33.3% +31.2%
India-Pacific Peugeot Citroën DS Total PSA
4,208 733 363
5,304
3,100 1,103
276 4,479
-26.3% +50.5% -24.0% -15.6%
Middle East & Africa*** Peugeot Citroën DS Total PSA
21,274 11,619
341 33,234
120,161 12,214
456 132,831
+464.8% +5.1%
+33.7% +299.7%
Total Worldwide Unit Sales Peugeot Citroën DS Total PSA
403,120 271,656
25,069 699,845
476,107 239,374 13,943
729,424
+18,1% -11,9% -44,4% +4.2%
* Assembled vehicles, CKDs and vehicles under License
** Europe = EU + EFTA + Albania + Croatia + Kosovo + Macedonia + Serbia
*** o/w 104 kunits sold under Peugeot license in Q1 2017 following the final JV agreement signed with Iran Khodro on 21 June 2016
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Q1 GROUP REVENUE BY DIVISION
In million euros Q1 2016 Q1 2017 Change
Automotive 8,796 9,018 +222
Faurecia 4,656 5,092 +436
Other businesses and eliminations (454) (481) -27
Group revenue 12,998 13,629 +631