Slide 1: Q3 2020 Sales: Significantly better than previously expected
Q3 2020 SALES Significantly better than previously expected H2 guidance upgraded October 23, 2020
Slide 2: Key messages
Key messages Q3 sales €3.9bn H2 guidance significantly better than previously expected upgraded ▸ Strong organic sequential improvement: -7.0% in Q3, after -19.7% in Q1 and -50.0% in Q2 ▸ Worldwide automotive production now ▸ Month-after-month improvement, expected to drop in the mid-single with Sep
Slide 3: Agenda
Agenda 1 Review of Q3 2020 sales 2 Upgraded H2 2020 guidance 3 Q3 2020 Sales - October 23, 2020
Slide 4: Strong sequential improvement in Q3
Strong sequential improvement in Q3 Faurecia monthly organic sales Q1 sales Q2 sales Q3 sales 10% -19.7% -50.0% -7.0% 0% -10% -20% September -30% sales up 1.2% year-on-year -40% -50% -60% -70% -80% January February March April May June July August September 4 Q3 2020 Sales - October 23, 2020
Slide 5: Q3 2020 sales at €3.9bn
Q3 2020 sales at €3.9bn significantly better than previously expected Reported sales down 7.4%, of which: ▸ Negative currency effect of €(135)m, higher than in previous quarters ▸ Positive scope effect of €117m, due to SAS for €160m partly offset by a negative contribution of €(43)m from Clarion** ▸
Slide 6: Seating and Interiors
Seating Interiors 39% of Group sales 30% of Group sales €1,571m €(34)m €(37)m €1,198m €(49)m €1,500m €(139)m €160m €1,170m -2.1% -2.3% -4.1% -11.6% +13.3% Vs. automotive production Vs. automotive production growth* of -4.9% growth* of -4.9% Outperformance of 260bps, driven by all three of Faurecia’s
Slide 7: Clean Mobility and Clarion Electronics
Clean Mobility Clarion Electronics 26% of Group sales 5% of Group sales €1,114m €(46)m €(46)m €1,023m €302m €(7)m €(71)m -4.1% -4.1% -2.3% €(43)m -23.6% €181m -14.2% Vs. automotive production growth* of -4.9% Vs. automotive production growth* of -4.9% Outperformance of 80bps, with double-digit sales
Slide 8: Europe and North America
Europe North America 45% of Group sales 28% of Group sales €1,875m €(21)m €(215)m €1,134m €(37)m €(37)m €37m €1,097m €88m €1,728m -1.1% -3.3% -3.3% +3.2% -11.5% +4.7% Vs. automotive production Vs. automotive production growth** of -7.7% growth** of +0.5% Sales down 11.5% on an organic basis Sales do
Slide 9: Asia and South America
Asia South America 23% of Group sales 3% of Group sales €942m €(34)m €4m €(9)m €903m €186m €(36)m -3.6% +0.4% -1.0% €(46)m -19.3% €2m €106m -24.7% +1.1% Vs. automotive production growth** of -4.1% Vs. automotive production growth** of -21.4% Sales up 0.4% on an organic basis Sales down 24.7% on an o
Slide 10: Agenda
Agenda 1 Review of Q3 2020 sales 2 Upgraded H2 2020 guidance 10 Q3 2020 Sales - October 23, 2020
Slide 11: Upgraded H2 2020 guidance
Upgraded H2 2020 guidance Considering improved market conditions, Faurecia now expects worldwide automotive production to drop in the mid-single digits in H2 (vs. an assumption of “down around 15%” on July 27) With the above assumption and thanks to the confirmed positive effects of measures deploye
Slide 12: Key takeaways
Key takeaways Q3 H2 2022 Sales significantly better Upgraded guidance Faurecia on track than previously expected to achieve its sales, profitability supported by improved thanks to improved environment and cash ambition worldwide automotive and the positive effects as a strong market rebound product
Slide 13: Appendices
Faurecia inspiring mobility
Slide 14: 9m sales by Region
9m sales by Region GROWTH Sales (in €m) REPORTED CURRENCY EFFECT SCOPE EFFECT* REPORTED EX-CURRENCIES 9M 2019 value % value % value % 9M 2020 % Europe 6,406 -32 -0.5% -1,849 -28.9% 230 3.6% 4,755 -25.8% North America 3,423 -3 -0.1% -991 -28.9% 142 4.1% 2,571 -24.9% Asia 2,659 -47 -1.8% -395 -14.9% 1
Slide 15: 9m sales by Business Group
9m sales by Business Group GROWTH Sales (in €m) REPORTED CURRENCY EFFECT SCOPE EFFECT* REPORTED EX-CURRENCIES 9M 2019 value % value % value % 9M 2020 % Seating 5,210 -49 -0.9% -1,391 -26.7% 3,771 -27.6% Interiors 3,939 -68 -1.7% -1,146 -29.1% 367 9.3% 3,092 -21.5% Clean Mobility 3,466 -57 -1.7% -739
Slide 16: Definitions of terms used in this document
Definitions of terms used in this document Sales growth Faurecia’s year-on-year sales evolution is made of three components: ▸ A “Currency effect”, calculated by applying average currency rates for the period to the sales of the prior year, ▸ A “Scope effect” (acquisition/divestment), ▸ And “Growth
Slide 17: Financial calendar
Financial calendar February 22, 2021 FY 2020 results announcement (before market hours) 17 Q3 2020 Sales - October 23, 2020
Slide 18: Investor Relations
Share Data INVESTOR RELATIONS Bloomberg Ticker: EO:FP Reuters Ticker: EPED.PA Marc MAILLET Datastream: F:BERT Tel: +33 1 72 36 75 70 ISIN Code: FR0000121147 E-mail: marc.maillet@faurecia.com Anne-Sophie JUGEAN Tel: +33 1 72 36 71 31 E-mail: annesophie.jugean@faurecia.com Bonds ISIN Codes 23-27, aven
Slide 19: Disclaimer
Disclaimer Important information concerning forward looking statements This presentation contains certain forward-looking statements concerning Faurecia. Such forward-looking statements represent trends or objectives and cannot be construed as constituting forecasts regarding the future Faurecia’s r
Slide 20: Faurecia inspiring mobility
‘Faurecia inspiring mobility