H1 2022 Results - Stellantis Affiliate Growth and Profitability
SAFE HARBOR STATEMENT
This document, in particular references to "FY 2022 Guidance", contains forward-
looking statements. In particular, statements regarding future financial
performance and the Company's expectations as to the achievement of certain
targeted metrics, including revenues, industrial free cash flows, vehicle
shipments, capital investments, research and development costs and other
expenses at any future date or for any future period are forward-looking
statements. These statements may include terms such as "may", "will", "expect",
"could", "should", "intend", "estimate", "anticipate", "believe", "remain", "on
track", "design", "target", "objective", "goal", "forecast", "projection", "outlook",
"prospects", "plan", or similar terms. Forward-looking statements are not
guarantees of future performance. Rather, they are based on the Company's
current state of knowledge, future expectations and projections about future
events and are by their nature, subject to inherent risks and uncertainties. They
relate to events and depend on circumstances that may or may not occur or exist
in the future and, as such, undue reliance should not be placed on them.
Actual results may differ materially from those expressed in forward-looking
statements as a result of a variety of factors, including: the continued impact of
unfilled semiconductor orders; the Company's ability to realize the anticipated
benefits of the merger; the continued impact of the COVID-19 pandemic; the
Company's ability to launch new products successfully and to maintain vehicle
shipment volumes; the Company's ability to successfully manage the industry-
wide transition from internal combustion engines to full electrification; changes
in the global financial markets, general economic environment and changes in
demand for automotive products, which is subject to cyclicality; changes in local
economic and political conditions; changes in trade policy, the imposition of
global and regional tariffs or tariffs targeted to the automotive industry, the
enactment of tax reforms or other changes in tax laws and regulations; the
Company's ability to produce or procure electric batteries with competitive
performance, cost and at required volumes; the Company's ability to offer
innovative, attractive products and to develop, manufacture and sell vehicles
July 28, 2022
STELLANTIS
with advanced features including enhanced electrification, connectivity and
autonomous driving characteristics; various types of claims, lawsuits,
governmental investigations and other contingencies, including product liability
and warranty claims and environmental claims, investigations and lawsuits;
material operating expenditures in relation to compliance with environmental,
health and safety regulations; the level of competition in the automotive
industry, which may increase due to consolidation; exposure to shortfalls in the
funding of the Company's defined benefit pension plans; the Company's ability
to provide or arrange for access to adequate financing for dealers and retail
customers and associated risks related to the establishment and operations of
financial services companies; the Company's ability to access funding to execute
its business plans; a significant malfunction, disruption or security breach
compromising information technology systems or the electronic control systems
contained in the Company's vehicles; the Company's ability to realize anticipated
benefits from joint venture arrangements; disruptions arising from political,
social and economic instability; risks associated with the Company's
relationships with employees, dealers and suppliers; increases in costs,
disruptions of supply or shortages of raw materials, parts, components and
systems used in the Company's vehicles; the Company's ability to maintain
effective internal controls over financial reporting; developments in labor and
industrial relations and developments in applicable labor laws; exchange rate
fluctuations, interest rate changes, credit risk and other market risks; political
and civil unrest; earthquakes or other disasters; and other risks and
uncertainties.
Any forward-looking statements contained in this document speak only as of
the date of this document and the Company disclaims any obligation to update
or revise publicly forward-looking statements. Further information concerning
the Company and its businesses, including factors that could materially affect
the Company's financial results, is included in the Company's reports and filings
with the U.S. Securities and Exchange Commission and AFM.
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