H1 2022 Results - Stellantis Affiliate Growth and Profitability
MIDDLE EAST & AFRICA
.
AOI NEARLY DOUBLED WITH FLAT VOLUMES
COMBINED SHIPMENTS
(000 units)
■ JV
■Consolidated
199
200
61
62
138
H1'21
138
H1'22
Pro Forma (1)
Consolidated Shipments flat, with higher
volumes of all-new Jeep Grand Cherokee L and
Citroën C4, as well as Opel Mokka and Peugeot
3008 and 208, offset by impact of increased
unfilled semiconductor orders in H1 2022
€ million
% = Adjusted Operating Income Margin
•
NET REVENUES
(€ billion)
3.0
2.5
H1'22
H1'21
Pro Forma (1)
Up 19%, primarily due to higher net pricing, including
pricing actions for Turkish lira devaluation, and
improved vehicle mix, partially offset by negative FX
translation effects, mainly from Turkish lira
ADJUSTED OPERATING INCOME
STELLANTIS
ADJUSTED OPERATING INCOME & MARGIN
(€ million)
472
247
15.5%
9.7%
H1'22
H1'21
Pro Forma (1)
•
Up 91%, mainly due to increased Net Revenues,
partially offset by negative FX transaction and
translation effects
247
9.7%
H12021
Pro Forma (1)
Operating
Environment
Industry &
Market Mix
693
40
2
22
5
(9)
472
(523)
15.5%
Performance: +230 or + 93%
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 | 24View entire presentation