H1 2022 Results - Stellantis Affiliate Growth and Profitability
NET PROFIT OF €8.0B, UP 34%
Net Revenues up €12.7B or 17% y-o-y(2)
Unusual Charges of €2.1B, up from
€1.1B for H1 2021 Pro Forma, includes
accruals for restructuring, campaign
costs and CAFE penalty rate adjustments
Net Financial Expenses up €202M
y-o-y(2), primarily due to impact of
hyperinflation in Turkey
Equity Method Investees Profit offset
by non-cash impairment of investment
in GAC-Stellantis JV in China for €0.3B
Tax Expense up €228M y-o-y(2), with
Effective Tax Rate of 20.1%, down from
24.1%
€ million, except as otherwise stated
Net Revenues
Operating Income
Net Financial Expenses
Profit before Taxes
Tax Expense
Share of the Profit of Equity Method Investees
of which Results of Finance Companies
Net Profit
STELLANTIS
RESULTS FROM CONTINUING OPERATIONS
H1 2022
VS.
H1 2022
87,999
H1 2021 (1)
72,610
H1 2021
Pro Forma (1)
H1 2021
Pro Forma
75,310
+17%
10,320
7,344
7,517
+37%
431
217
229
+ 88%
9,889
7,127
7,288
+36%
1,985
1,729
1,757
+13%
56
402
405
- 86%
342
329
338
+1%
7,960
5,800
5,936
+ 34%
(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) Compared to H1 2021 Pro Forma
July 28, 2022
H1 2022 RESULTS | 19View entire presentation