FY 2021 Results
South America
MARKET SHARE LEADERSHIP WITH STRONG FINANCIAL RESULTS
SHIPMENTS
(000 units)
NET REVENUES
(€ billion)
830
560
•
FY '21
Pro Forma (1)
FY '20
Pro Forma (1)
Up 48%, primarily due to extended COVID
interruptions in 2020 and strong demand for Fiat
Strada and all-new Fiat Pulse, as well as mid-
cycle refreshes of Fiat Toro and Jeep Compass
€ million
% = Adjusted Operating Income Margin
136
156
2.5%
•
10.7
6.3
FY '21
FY '20
Pro Forma (1)
Pro Forma (1)
Up 71%, mainly due to higher volumes and strong
net pricing, as well as favorable vehicle and market
mix, partially offset by negative FX translation
effects, mainly Brazilian real and Argentine peso
1,796
123
171
ADJUSTED OPERATING INCOME
STELLANTIS
ADJUSTED OPERATING INCOME & MARGIN
(€ million)
882
8.3%
156
2.5%
•
FY '21
Pro Forma (1)
FY '20
Pro Forma (1)
Up €726M, primarily due to increased Net
Revenues, more than offsetting higher raw
materials costs and unfavorable FX translation
and transaction effects
882
873
(1,046) (72)
(51)
(331)
8.3%
(9)
8.3%
Operating
Environment
Performance: +590 or + 378%
FY 2020
Pro Forma (1)
Industry &
Market Mix
Vehicle
Net Price
& Content
Vehicle
Line Mix
Market Share
& Market Mix
Industrial
SG&A
R&D
FX & Other
FY 2021
Pro Forma (1)
Exclude
Pro Forma
Adjustments
FY 2021 (1)
(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
February 23, 2022
FY 2021 RESULTS | 24View entire presentation