Renault Sa · EURONEXT:RNO
Renault Sa — Groupe Renault — Q1 2020 Earnings Presentation
16 slides from Renault Sa's earnings presentation, Apr 23, 2020
Slide 1: Q1 2020 Conference
Q1 2020 Conference INVESTOR RELATIONS: Q1 2020 PRESENTATION APRIL 23, 2020 PROPERTY OF GROUPE RENAULT 1
Slide 2: Disclaimer
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 i
Slide 3: Agenda
AGENDA 01 Q1 2020 Commercial Results Denis Le Vot EVP Regions, Sales and Marketing 02 Q1 2020 Revenues & 2020 Outlook Clotilde Delbos Acting CEO Chief Financial Officer 03 Questions & Answers INVESTOR RELATIONS: Q1 2020 PRESENTATION APRIL 23, 2020 PROPERTY OF GROUPE RENAULT 3
Slide 4: Key Takeaways from Q1
KEY TAKEAWAYS FROM Q1 ▪ Strong acceleration of market decline in March due to COVID-19 ▪ Automotive liquidity reserves at €10.3 bn at the end of March ▪ Product cadence confirmed so far ▪ Restarting production as we speak where feasible ▪ RCI: comfortable liquidity reserve at €11.5 bn at the end of
Slide 5: Q1 2020 Commercial Results
01 Q1 2020 Commercial Results Denis Le Vot EVP, Regions, Sales and Marketing INVESTOR RELATIONS: Q1 2020 PRESENTATION APRIL 23, 2020 PROPERTY OF GROUPE RENAULT 5
Slide 6: TIV Evolution Q1 2020 vs Q1 2019
TIV EVOLUTION Q1 2020 VS Q1 2019 Germany -20% UK -31% Spain -31% Turkey +41% March Q1 (1) France -33% Russia +2% World (1) TIV -40% -25% Italy -35% Europe TIV -52% -26% Eurasia TIV +3% +7% South Korea -7% Morocco -21% Africa-ME-India-Pacific Algeria -88% TIV -24% China -46% -14% Americas India -23%
Slide 7: Groupe Renault's Sales Q1 2020 vs Q1 2019
GROUPE RENAULT’S SALES Q1 2020 VS Q1 2019 908 World Market Share: 4.1% (unchanged) 673 503 322 International -13.4% 158 168 106 85 98 77 Thousand units 43 21 (PC+LCV) 2019 2020 2019 2020 2019 2020 2019 2020 2019 2020 2019 2020 Global Europe Eurasia Africa-ME-India-Pacific Americas China TIV* -24.6%
Slide 8: Performance of New Model Launches in Q1
PERFORMANCE OF NEW MODEL LAUNCHES IN Q1 CLIO ZOE CAPTUR 63 ku -0.3 pt +12% 21 ku +81% +0.4 pt 34 ku -0.2 pt +14% Sales M/S Pricing Sales Sales M/S Sales M/S Pricing ARKANA TRIBER XM3 5 ku +1.2 pt 10 ku +1.2 pt 6 ku +1.5 pt Sales M/S Sales M/S Sales M/S INVESTOR RELATIONS: Q1 2020 PRESENTATION APRIL
Slide 9: Q1 2020 Revenues & 2020 Outlook
02 Q1 2020 Revenues & 2020 Outlook Clotilde Delbos Acting CEO Chief Financial Officer INVESTOR RELATIONS: Q1 2020 PRESENTATION APRIL 23, 2020 PROPERTY OF GROUPE RENAULT 9
Slide 10: Q1 2020 Group Revenues
Q1 2020 GROUP REVENUES In million euros Q1 2019 Q1 2020 Change Global unit sales (units) 908,402 672,962 -25.9% Group Revenues 12,527 10,125 -19.2% o/w Automotive excl. AVTOVAZ 10,916 8,591 -21.3% o/w AVTOVAZ (1) 767 701 -8.6% o/w Mobility Services (2) - 6 ++ o/w Sales Financing 844 827 -2.0% (1) AV
Slide 11: Revenues Variance Analysis
REVENUES VARIANCE ANALYSIS Change Automotive revenues excluding AVTOVAZ Q1 2020 vs Q1 2019: -€2,325m 12,527 10,125 Mobility Q1 2019 Automotive AVTOVAZ Services RCI Q1 2020 10,916 8,591 -14.1 pts -0.7 pts -0.3 pts +2.8 pts -6.1 pts -1.4 pts -1.5 pts -21.3% Q1 2019 Q1 2020 Geographic Product Sales to
Slide 12: New Vehicle Distribution Stock Excluding AVTOVAZ
NEW VEHICLE DISTRIBUTION STOCK EXCLUDING AVTOVAZ (In thousand units) 697 660 656 660 622 630 603 Total 588 599 440 442 424 412 391 Independent 357 356 303 313 dealers 340 Group 285 300 290 236 270 218 182 157 MAR'18 JUN'18 SEP'18 DEC'18 MAR'19 JUN'19 SEP'19 DEC'19 MAR'20 Number of days 76 61 69 70 7
Slide 13: RCI Bank and Services Performance
RCI BANK AND SERVICES PERFORMANCE Q1 2019 Q1 2020 Change Average performing assets (€m) 46,462 49,318 +6.1% New contracts (units) 436,509 391,056 -10.4% New Financings (€m) 5,128 4,622 -9.9% INVESTOR RELATIONS: Q1 2020 PRESENTATION APRIL 23, 2020 PROPERTY OF GROUPE RENAULT 13
Slide 14: 2020 Outlook
2020 OUTLOOK In the context of the coronavirus (COVID-19) pandemic: No FY guidance ▪ To date, the impact that this pandemic will have on the Group's results is still impossible to assess. Groupe Renault will communicate a new guidance as soon as it considers that it is in a position to do so. ▪ The
Slide 15: Questions & Answers
03 Questions & Answers INVESTOR RELATIONS: Q1 2020 PRESENTATION APRIL 23, 2020 PROPERTY OF GROUPE RENAULT 15
Slide 16: Q1 2020 Conference
Q1 2020 Conference INVESTOR RELATIONS: Q1 2020 PRESENTATION APRIL 23, 2020 PROPERTY OF GROUPE RENAULT 16