Slide 1: Q1 2024 Shipments and Revenues
Peugeot E-5008 Q1 2024 SHIPMENTS AND REVENUES
Slide 2: Safe Harbor Statement
SAFE HARBOR STATEMENT This document, in particular references to “FY 2024 Company Guidance”, contains forward supply or shortages of raw materials, parts, components and systems used in the looking statements. Statements regarding future financial performance and the Company’s Company’s vehicles; ch
Slide 3: Setting the Stage for the Future
SETTING THE STAGE FOR THE FUTURE Alfa Romeo Junior Customer Sales Share Stabilization & Growth Powerful New Product Outpace Q1 Shipments in Long-Term Opportunities Roll-out Remains on Track
Slide 4: Agenda
AGENDA Highlights .…………….….…….Page 5 Sales Start in South Q1 2024 Performance…....Page 6 America and India in H2 ‘24 Inventory Update………….. Page 10 Guidance and Outlook..… Page 11 Ram Product Offensive... Page 12 Investor Day 2024……….… Page 13 Citroën Basalt Vision
Slide 5: Q1 '24 Highlights: Solid Progress on Inventory Management and Market Share
Q1 ‘24 HIGHLIGHTS: SOLID PROGRESS ON INVENTORY MANAGEMENT AND MARKET SHARE Shipments of 1.3M, Net Revenues of €41.7B, Sales to Customers of 1.5M Units, unchanged -10% & -12% y-o-y respectively; impacted by inventory from the prior year, with growth in Middle East & Customer Sales Outpace Q1 manageme
Slide 6: Net Revenues Reflecting New Product Transition
NET REVENUES REFLECTING NEW PRODUCT TRANSITION • Consolidated Shipments down 10% Q1 2024 Q1 2023 % Change y-o-y, reflecting production actions and inventory management to prepare for new product wave in H2 ‘24, Combined Shipments (1) (000 units) 1,371 1,538 - 11% compared with strong Q1 ’23 shipment
Slide 7: Revenues Down Due to Lower Shipments, Mix and FX Despite Firm Net Pricing
REVENUES DOWN DUE TO LOWER SHIPMENTS, MIX AND FX DESPITE FIRM NET PRICING NET REVENUES € billion - 12% (5.5) (1.3) Volume & FX Q1 2023 Vehicle Net Price Other Q1 2024 Mix Translation Figures may not add due to rounding April 30, 2024 Q1 2024 Revenues | 7
Slide 8: Transition Quarter for Mature Markets; MEA Delivers Strong Performance
TRANSITION QUARTER FOR MATURE MARKETS; MEA DELIVERS STRONG PERFORMANCE NORTH AMERICA ENLARGED EUROPE MIDDLE EAST & AFRICA SHIPMENTS NET REVENUES SHIPMENTS NET REVENUES COMBINED SHIPMENTS NET REVENUES (000 units) (€ billion) (000 units) (€ billion) (000 units) (€ billion) JV Consolidated 22.8 615 657
Slide 9: Lower Shipments Reflect Non-Repeat of Q1 '23 Inventory Build
LOWER SHIPMENTS REFLECT NON-REPEAT OF Q1 ’23 INVENTORY BUILD SOUTH AMERICA CHINA AND INDIA & ASIA PACIFIC MASERATI SHIPMENTS NET REVENUES COMBINED SHIPMENTS(1) NET REVENUES SHIPMENTS NET REVENUES (000 units) (€ billion) (000 units) (€ billion) (000 units) (€ billion) JV Consolidated 177 191 3.5 3.5
Slide 10: First Sequential Improvement in Inventory Balance in Over Two Years
FIRST SEQUENTIAL IMPROVEMENT IN INVENTORY BALANCE IN OVER TWO YEARS Company 12-Month Comparisons Sequential Development Independent dealers 000 units 000 units 1,839 1,459 1,393 434 331 1,302 1,393 423 1,234 423 273 384 807 1,405 1,128 970 179 961 918 970 628 Dec 31 '23 Mar 31 '24 Mar 31 '20 Mar 31
Slide 11: Reaffirming 2024 Guidance – Addressing Headwinds Through Efficiency
REAFFIRMING 2024 GUIDANCE – ADDRESSING HEADWINDS THROUGH EFFICIENCY Revenue Backdrop Industrial Free Cash Flows* Supportive Double-Digit Positive Minimum Commitment 2024 Raw Materials Portfolio Expansion in H2 Benchmark Profitability Tailwinds Non-repeat NA Labor Negotiations Moderating Interest Rat
Slide 12: Ram 1500 REV, Ramcharger and Ram 1500
Ram 1500 REV Ram 1500 Rebel Ram 1500 Refreshed Version Ram 1500 Ramcharger Refreshed Version Available Now Available Now
Slide 13: Upcoming Investor Events in 2024
UPCOMING INVESTOR EVENTS IN 2024 Investor Day H1 ‘24 Results Q3 ‘24 Results June 13th July 25th October 31st SCAN TO REGISTER Or Click Here April 30, 2024 Q1 2024 Revenues | 13
Slide 14: Setting the Stage for the Future
SETTING THE STAGE FOR THE FUTURE Alfa Romeo Junior Customer Sales Share Stabilization & Growth Powerful New Product Outpace Q1 Shipments in Long-Term Opportunities Roll-out Remains on Track
Slide 15: Appendix
APPENDIX Opel Grandland
Slide 16: Definitions and Notes to Presentation
DEFINITIONS AND NOTES TO PRESENTATION For purposes of this presentation, and unless otherwise stated: • LEV = Low emission vehicles, which include battery electric (BEV), plug-in hybrid (PHEV), range-extender electric vehicle (REEV), and fuel cell electric (FCEV) vehicles • EU30 = EU 27 (excluding M
Slide 17: Non-GAAP Financial Measures
NON-GAAP FINANCIAL MEASURES Stellantis monitors its operations through the use of several non-generally accepted accounting principles (non-GAAP) financial measures. Company management believes that these non-GAAP financial measures provide useful and relevant information regarding our operating res
Slide 18: Q1 Key Commercial Metrics
Q1 KEY COMMERCIAL METRICS COMBINED SALES 000 units 1,527 1,522 757 716 Q1 2024 389 432 Q1 2023 155 191 200 126 17 25 13 15 4.8 7.2 NORTH ENLARGED MIDDLE EAST SOUTH INDIA & TOTAL CHINA AMERICA EUROPE & AFRICA AMERICA ASIA PACIFIC MARKET SHARE (1) 8.4% 10.0% 18.7% 18.7% 14.5% 13.2% 23.4% 23.7% 0.5% 0.
Slide 19: Reconciliation of Net Revenues from External Customers to Net Revenues
RECONCILIATION OF NET REVENUES FROM EXTERNAL CUSTOMERS TO NET REVENUES Q1 2024 China and North Enlarged Middle East South India & € million America Europe & Africa America Asia Pacific Maserati Other(1) Stellantis Net Revenues from External Customers 19,290 13,985 2,687 3,476 524 312 1,423 41,697 Ne
Slide 20: Reconciliation of Net Revenues from External Customers to Net Revenues
RECONCILIATION OF NET REVENUES FROM EXTERNAL CUSTOMERS TO NET REVENUES Q1 2023 China and North Enlarged Middle East South India & € million America Europe & Africa America Asia Pacific Maserati Other(1) Stellantis Net Revenues from External Customers 22,772 16,087 2,166 3,547 979 692 992 47,235 Net
Slide 21: Stellantis
STELENANTIS CHRYSLER CITROEN i GR AES rg LEASYS reser