FY 2021 Results
Middle East & Africa
DOUBLE-DIGIT MARGIN DRIVEN BY STRONG PRICING
COMBINED SHIPMENTS
(000 units)
NET REVENUES
(€ billion)
■ JV
■Consolidated
389
398
116
141
273
257
FY '21
Pro Forma (1)
FY '20
Pro Forma (1)
Consolidated Shipments Up 6%, primarily
driven by all-new Citroën C4, Opel Mokka and
Jeep Grand Cherokee L, as well as higher
Peugeot 208 and Jeep Wrangler volumes
€ million
% = Adjusted Operating Income Margin
•
5.2
4.8
FY '21
Pro Forma (1)
FY '20
Pro Forma (1)
Up 9%, mainly due to higher net pricing, including
pricing actions for Turkish lira devaluation, and
increased volumes, partially offset by negative FX
translation effects, mainly from Turkish lira
ADJUSTED OPERATING INCOME
492
27
17
79
(24)
(8)
(12)
300
6.3%
Operating
Environment
Performance: +166 or + 55%
STELLANTIS
ADJUSTED OPERATING INCOME & MARGIN
(€ million)
545
300
10.5%
6.3%
FY '21
Pro Forma (1)
FY '20
Pro Forma (1)
•
Up 82%, primarily due to increased Net
Revenues, partially offset by negative FX
transaction effects
9
545
554
(326)
10.5%
10.7%
FY 2020
Pro Forma (1)
Industry &
Market Mix
Vehicle
Net Price
& Content
Vehicle
Line Mix
Market Share
FY 2021
Industrial
SG&A
R&D
FX & Other
& Market Mix
Pro Forma (1)
Exclude
Pro Forma
Adjustments
FY 2021 (1)
(1) Refer to Basis of Presentation for additional information regarding amounts presented for the respective period and Appendix for additional information related to Pro Forma results and reconciliations to applicable IFRS metrics
February 23, 2022
FY 2021 RESULTS
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