H1 2022 Results - Stellantis Affiliate Growth and Profitability
SOUTH AMERICA
H1 ALREADY EXCEEDS FULL YEAR 2021 RESULTS
SHIPMENTS
(000 units)
403
424
•
H1'22
H1'21
Pro Forma (1)
Down 5%, with strong demand for all-new Fiat
Pulse, as well as Peugeot 208 and Jeep Compass
more than offset by impact of increased unfilled
semiconductor orders in H1 2022
€ million
% = Adjusted Operating Income Margin
326
6.6%
(5)
•
NET REVENUES
(€ billion)
7.2
4.9
H1'22
H1'21
Pro Forma (1)
Up 47%, mainly due to very strong net pricing,
favorable vehicle mix and positive FX translation
effects, mainly Brazilian real, partially offset by
lower volumes
ADJUSTED OPERATING INCOME
947
168
19
(448)
STELLANTIS
ADJUSTED OPERATING INCOME & MARGIN
(€ million)
•
(55)
(86)
1,002
13.9%
326
6.6%
H1'22
H1'21
Pro Forma (1)
Up €676M, primarily due to higher Net
Revenues and favorable FX translation and
transaction effects, more than offsetting higher
raw materials and logistics costs
136
1,002
13.9%
H1 2021
Pro Forma (1)
Operating
Environment
Industry &
Market Mix
Performance: +681 or + 209%
Vehicle
Net Price
& Content
Vehicle
Line Mix
Market Share
Industrial
& Market Mix
SG&A
R&D
FX & Other
H1 2022
(1) Refer to Basis of Presentation for additional information regarding amounts presented for H1 2021 Pro Forma and Appendix for additional information related to Pro Forma results and reconciliations to applicable IFRS metrics
July 28, 2022
H1 2022 RESULTS | 25View entire presentation