FY 2021 Results slide image

FY 2021 Results

PROFITABILITY GROWTH FOR CHINA, INDIA & ASIA PACIFIC AND MASERATI China and India & Asia Pacific Improved results mainly driven by favorable net pricing, volumes and vehicle mix, primarily related to Jeep Wrangler and Ram 1500, partially offset by increased product costs Maserati Improved results mainly due to higher volumes and net pricing driven by launch of refreshed lineup, favorable market mix, particularly in China, and improved residual values, € million, except as otherwise stated China and India & Asia Pacific FY 2021 Pro Forma (1) FY 2020 Pro Forma (1) STELLANTIS W Maserati FY 2021 Pro Forma (1) FY 2020 Pro Forma (1) RESULTS FROM CONTINUING OPERATIONS Combined Shipments (2) (000 units) 219 181 + 21% n.a. n.a. n.a. Consolidated Shipments (2) (000 units) 120 95 + 26% 24.2 16.9 + 43% Net Revenues 3,980 3,200 + 24% 2,021 1,375 + 47% partially offset by negative FX transaction effects Adjusted Operating Income/(Loss) 442 231 + 91% 103 (91) n.m. Adjusted Operating Income Margin 11.1% 7.2% +390 bps 5.1% (6.6)% + 1,170 bps (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 (2) Combined Shipments include shipments by Company's consolidated subsidiaries and unconsolidated JVs, whereas Consolidated Shipments only include shipments by Company's consolidated subsidiaries n.a. Not applicable February 23, 2022 FY 2021 RESULTS | 27
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