renault group q3 2015 · renault q3 2015 presentation october 29th 2015 property of groupe renault...

RENAULT GROUP

Q3 2015JÉRÔME STOLL

DOMINIQUE THORMANN

2

INVESTOR RELATIONS

RENAULT Q3 2015 PRESENTATION OCTOBER 29TH 2015 PROPERTY OF GROUPE RENAULT

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.

DISCLAIMER

3

INVESTOR RELATIONS


01Q3 2015 COMMERCIAL RESULTS UPDATEJÉRÔME STOLLEVP & CHIEF PERFORMANCE OFFICER

02Q3 2015 REVENUES & OUTLOOKDOMINIQUE THORMANNEVP & CFO

03 QUESTIONS & ANSWERS

AGENDA

4

INVESTOR RELATIONS


RECOVERY IN EUROPE GAINS TRACTION

EMERGING MARKETS AND CURRENCIES STILL ADVERSE & VOLATILE

SUCCESS OF OUR NEW PRODUCTS WITH POSITIVE MIX IMPACT

STILL STRONG CONTRIBUTION OF SALES TO PARTNERS

FY GUIDANCE CONFIRMED

KEY TAKE-AWAYS FROM Q3 RESULTS

5

INVESTOR RELATIONS


Q3 2015 COMMERCIAL RESULTS UPDATEJÉRÔME STOLLEVP & CHIEF PERFORMANCE OFFICER

01

6

INVESTOR RELATIONS


* PC+LCV including USA & Canada

TIV EVOLUTION Q3 2015 VS Q3 2014

RUSSIA -25.3%

TURKEY +23.5%

ALGERIA -48.6%

MOROCCO +11.2%

INDIA +4.4%

BRAZIL -25.4%

ARGENTINA +3.5%

COLOMBIA -11.8%

WORLD*

TIV -0.2%

EURASIA

TIV -13.9%

AFRICA-ME-INDIA

TIV -6.6%

AMERICAS

TIV -12.5%

ASIA-PACIFIC

TIV -2.3%

EUROPE

TIV +9.8%

FRANCE +5.7%

GERMANY +5.3%

UK +8.1%

SPAIN +25.1%

ITALY +14.2%

7

INVESTOR RELATIONS


613

318

88 75102

30

621

339

87 72 97

27

Q3'14 Q3'15 Q3'14 Q3'15 Q3'14 Q3'15 Q3'14 Q3'15 Q3'14 Q3'15 Q3'14 Q3'15

RENAULT GROUP UNIT REGISTRATIONS Q3 2015 VS Q3 2014

GLOBAL

+1.2%

EUROPE

+6.5%

AMERICAS

-5.3%

ASIA-PACIFIC

-11.2%

AFRICA-ME-INDIA

-4.8%

EURASIA

-1.2%

K units

(PC+LCV)

WORLD MARKET SHARE: 3.01% (+0.04 pts)

-0.2% TIV +9.8% -13.9% -6.6% -12.5% -2.3%

GROUP

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INVESTOR RELATIONS


FRANCE01

BRAZIL02

03

ITALY

TURKEY04

SOUTH KOREA

05

06

07

08

09

SPAIN

10

24.4%

4.7%

7.4%

17.1%

GERMANY

8.1%

12.9%

ARGENTINA 14.6%

4.5%

RUSSIA 7.4%

M/S

(PC+LCV)

EUROPE KEEPS PUSHING SALES MOMENTUM

-1.4 pts

+0.5 pts

+2.6 pts

-1.0 pts

VS.

Q3 2014

UK 4.3%

+1.1 pts

-0.2 pts

-0.5 pts

+0.3 pts

-1.0 pts

+0.2 pts

REGIONAL SALES BREAKDOWN

36% 42%48%

55% 52%48%

Q3 2010 Q3 2011 Q3 2012 Q3 2013 Q3 2014 Q3 2015

42% 48% 52% 48% 45%55%

58% 52% 45% 48% 52% 55%

INTERNATIONALEUROPE

9

INVESTOR RELATIONS


EUROPE REGIONGROUP PC+LCV : BREAKDOWN OF REGISTRATIONS

318

-11+32

339Q3’14 TIV

& MARKET MIX

Q3’15PERFORMANCE

France 24.4%

-1.4 pts

Europe 9.0%

-0.3 pts

GROUP MARKET SHARE PC+LCV

sept.-07 sept.-08 sept.-09 sept.-10 sept.-11 sept.-12 sept.-13 sept.-14 sept.-15

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INVESTOR RELATIONS


NEW MODELS ON THE RIGHT TRACK

KADJAR - ORDERS (YTD September)

NET REVENUE (K€ vs SCENIC)

37,301

+3.7

+11.7

New ESPACE - ORDERS (YTD September)

NET REVENUE (K€ vs ESPACE IV)

18,905

+4.7

RV LEVEL (% pts vs ESPACE IV) +9.0

Residual Value sources : industry

RV LEVEL (% pts vs SCENIC)

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INVESTOR RELATIONS


EURASIA REGION

RENAULT KADJAR

8887

Q3’14Q3’15

PERFORMANCETIV

& MARKET MIX

-4

GROUP PC+LCV : BREAKDOWN OF REGISTRATIONS

+3


Eurasia 11.6%

+1.5 pts

Turkey 17.1%

+1.1 pts

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INVESTOR RELATIONS


AFRICA-MIDDLE EAST-INDIA REGION


Africa-ME-India 3.7%

+0.1 pts

Algeria 34 %

+6.4 pts

RENAULT KWID

75

+10-13

72

Q3’14Q3’15

PERFORMANCETIV

& MARKET MIX


13

INVESTOR RELATIONS


AMERICAS REGION


Americas 6.8%

+0.5 pts

Brazil 7.4%

+0.3 pts

RENAULT OROCH

-17

PERFORMANCETIV &

MARKET MIX

-16

102 97

Q3’14 Q3’15+10


14

INVESTOR RELATIONS


ASIA-PACIFIC REGION


Asia-Pacific 0.3%

South Korea 4.5%

+0.2 pts

0.0 pt

WUHAN

=

3027

Q3’14Q3’15

-5+2

PERFORMANCE

TIV

& MARKET MIX


15

INVESTOR RELATIONS


2015 COMMERCIAL OUTLOOK

The European car market should grow 8% this year, with a French market

up 5%. Our main emerging markets should remain adverse and volatile in

the fourth quarter.

Within this context, the Group confirms its commercial objectives:

Increase global registrations

Strengthen the Renault Brand in Europe

Improvement of our positions in emerging markets

16

INVESTOR RELATIONS


Q3 2015 REVENUES & OUTLOOKDOMINIQUE THORMANNEVP & CFO

02

17

INVESTOR RELATIONS


RENAULT GROUP REVENUES BY DIVISION IN Q3 2015

In million euros Q3 2015 Change (%)Q3 2014

Automotive

Sales Financing

TOTAL

8,802

534

9,336

+10.2%

-2.2%

+9.4%

7,984

546

8,530

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INVESTOR RELATIONS


AUTOMOTIVE REVENUE VARIANCE ANALYSIS

7,984

8,802

-173

+45 -45+184

+178

+413+216

Currency

Volume

Geographic

mixProduct

mixPrice

Sales to partners Others

+10.2%

-2.2 pts+0.6 pts -0.6 pts +2.3 pts +2.3 pts +5.2 pts +2.6 pts

In million euros CHANGE Q3 2015 / Q3 2014 : +€818m

Q3 2014 Q3 2015

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INVESTOR RELATIONS


DISTRIBUTION STOCK

NEW VEHICLE DISTRIBUTION STOCK (IN K UNITS)

503 488 527 495 493 459 515 510 503

243

100

255

158253

106

251177

260260

388

272337

240

353

264

333

243

SEP'13 DEC'13 MAR'14 JUN'14 SEP'14 DEC'14 MAR'15 JUN'15 SEP'15

GROUP

INDEPENDENTDEALERS

TOTAL

Number of days of sales

(previous period)75 7663 62 74 57 74 64 75

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INVESTOR RELATIONS


RCI BANQUE PERFORMANCE

Q3 2015 Change (%)Q3 2014

Revenues (in € m)

Average loans

outstanding (in € bn)

New contracts (in thousand units)

New financing(in € bn)

534

28.8

348

3.8

546

25.6

302

3.2

-2.2%

+12.8%

+15.2%

+21.9%

21

INVESTOR RELATIONS


2015 OUTLOOK

The European car market should grow 8% this year, with a French market

up 5%. Our main emerging markets should remain adverse and volatile in

the fourth quarter.

Within this context, the Group confirms its guidance:

increase registrations and Group revenues (at constant exchange rates)

improve Group operating margin and that of the Automotive division,

achieve positive Automotive operational free cash flow.

22

INVESTOR RELATIONS


QUESTIONS & ANSWERS03

23

INVESTOR RELATIONS


APPENDIX04

24

INVESTOR RELATIONS


1,979

1,094

265 225308

87

1,998

1,188

246 223 261

80

09'14 09'15 09'14 09'15 09'14 09'15 09'14 09'15 09'14 09'15 09'14 09'15

RENAULT GROUP UNIT REGISTRATIONS SEPT 2015 (YTD) VS SEPT 2014 (YTD)

GLOBAL

+0.9%

EUROPE

+8.5%

AMERICAS

-15.3%

ASIA-PACIFIC

-7.5%

AFRICA-ME-INDIA

-1.0%

EURASIA

-7.2%

K units

(PC+LCV) WORLD MARKET SHARE: 3.12% (=)

+0.7% TIV +9.0% -18.4% -0.6% -11.1% -0.5%

GROUP

25

INVESTOR RELATIONS


RENAULT GROUP REVENUES BY DIVISION IN Q3 2015 YTD

In million euros

Q3 2015YTD

Change

(%)Q3 2014

YTD

Automotive

Sales Financing

TOTAL

29,867

1,666

31,533

+11.8%

+2.4%

+11.2%

26,723

1,627

28,350

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INVESTOR RELATIONS


AUTOMOTIVE REVENUE VARIANCE ANALYSIS

26,723

29,867

+52

+660 -91+329

+486+1,525

+183Currency

VolumeGeographic

mix

Product mix

Price

Sales to partners

Others

+11.8%

+0.2 pts+2.5 pts -0.3 pts +1.2 pts +1.8 pts +5.7 pts +0.7 pts

In million euros CHANGE 2015 / 2014 : +€3,144m

Q3 2014YTD

Q3 2015YTD

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INVESTOR RELATIONS


RCI BANQUE PERFORMANCE YTD

Q3 2015

YTD

Change

(%)

Q3 2014

YTD

Revenues (in € m)

Average loans

outstanding (in € bn)

New contracts (in thousand units)

New financing(in € bn)

1,666

27.9

1,034

11.6

1,627

25.1

902

9.2

+2.4%

+10.9%

+14.7%

+26.7%

28

INVESTOR RELATIONS


% TIV YTD 2014 40% 30% 9% 20%

% TIV YTD 2015 39% 30% 10% 21%

13,3%

15,8%

13,9%

10,9%

8,5%

12,9%

15,3%

13,4%

11,4%

8,7%

Total Retail Fleet ST Rental OEM

YTD 2014

YTD 2015

IN FRA, GER, BEL+LUX, NL (YTD Sept)

GROUP MARKET SHARE BY CHANNEL

29

INVESTOR RELATIONS


renault group q3 2015 · renault q3 2015 presentation october 29th 2015 property of groupe renault...

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