GROUPE RENAULT NATIXIS CONFERENCE INDUSTRIALS PLENARY SESSION

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1 GROUPE RENAULT NATIXIS CONFERENCE INDUSTRIALS PLENARY SESSION

2 DISCLAIMER Information contained within this document may contain forward looking statements. Although the Company considers that such information and statements are based on reasonable assumptions taken on the date of this report, due to their nature, they can be risky and uncertain (as described in the Renault documentation registered within the French financial markets regulation authorities) and can lead to a difference between the exact figures and those given or deduced from said information and statements. Renault does not undertake to provide updates or revisions, should any new statements and information be available, should any new specific events occur or for any other reason. Renault makes no representation, declaration or warranty as regards the accuracy, sufficiency, adequacy, effectiveness and genuineness of any statements and information contained in this report. Further information on Renault can be found on Renault s web site ( in the section Finance / Regulated Information. 2

3 01 DRIVE THE CHANGE HOW WE MET OUR TARGETS 3

4 HOW WE MET OUR TARGETS ( UPDATE) GROWTH TARGET OVER ACHIEVED PROFITABILITY TARGET OVER ACHIEVED POSITIVE FCF EVERY YEAR Group revenues % Automotive COP Free cash flow Group COP 4.9% 1,084 1,083 1,107 1, % 2.2% 3.9% %

5 HOW WE MET OUR TARGETS PRODUCT ENRICHMENT RANGE BEFORE 2010 RANGE EXTENDED AUTONOMY 5

6 HOW WE MET OUR TARGETS SALES TO PARTNERS 40% contribution to growth of revenues RENAULT PRESENTATION MAY 31, 2017 PROPERTY OF GROUPE RENAULT 6

7 COST REDUCTIONS Cost reductions Raw material Enrichment Net Volume FOREX 1, % > 3 billion 3, % (million euros) CUMULATED 7

8 ACCELERATING ALLIANCE SYNERGIES 4 KEY-FUNCTIONS CONVERGENCE ALLIANCE SYNERGIES 5.5bn 4 KEY-FUNCTIONS CONVERGENCE 3.8bn 4.3bn 4.3bn OBJECTIVE PURCHASING UPSTREAM ENGINEERING e 2018 Renault Nissan MANUFACTURING & LOGISTICS HUMAN RESOURCES 8

9 SALES RESULTS YTD APRIL 9

10 GROUPE RENAULT S UNIT REGISTRATIONS YTD APRIL 2017 VS 2016 (incl. Lada) K units (PC+LCV) WORLD MARKET SHARE: 3.8% (+0.3 pts) INTERNATIONAL +19.2% YTD'16 YTD'17 YTD'16 YTD'17 YTD'16 YTD'17 YTD'16 YTD'17 YTD'16 YTD'17 YTD'16 YTD'17 GROUP GROUP excl. LADA GLOBAL +12.0% +12.5% EUROPE +6.5% +6.4% AFRICA-ME-INDIA +25.8% +25.5% EURASIA +5.2% +5.1% AMERICAS +14.4% +14.3% ASIA-PACIFIC +79.5% +79.0% TIV +3.5% +4.2% +2.6% -0.1% +6.7% +5.8% 10

11 Q1 RESULTS AND PERSPECTIVES 11

12 KEY TAKE-AWAYS FROM Q1 RESULTS STRONG START IN ALL REGIONS FOR THE GROUP BUOYANT EUROPEAN MARKET DESPITE UNCERTAINTIES FIRST POSITIVE SIGNS IN RUSSIA AND BRAZIL POSITIVE FX AVTOVAZ CONSOLIDATION FY GUIDANCE CONFIRMED 12

13 FOCUS ON EV ZOE IS THE ONLY AFFORDABLE EV WITH 400KM HOMOLOGATED RANGE New ZE 40 battery with 400km NEDC range 300km in real life driving conditions New pay as you drive battery rental scheme SALES: STRENGTHENING LEADERSHIP Renault is leader in Europe (+46% vs Q1 2016) Renault market share: 28.1% (+2.3 pts vs Q1 2016) ORDERS: BREAKTHROUGH ON ZOE % vs Q Jan Feb Mar ZOE CUMUL ORDERS 2017 ZOE CUMUL ORDERS

14 RENAULT GROUP REVENUES BY DIVISION IN Q In million euros Q Q Change Automotive excl. AVTOVAZ 9,942 11, % Sales Financing % AVTOVAZ Eliminations with AVTOVAZ TOTAL 10,489 13, % Excl. AVTOVAZ consolidation impact 10,489 12, % 14

15 AUTOMOTIVE EXCLUDING AVTOVAZ REVENUES VARIANCE ANALYSIS In million euros CHANGE Q / Q : + 1,997m Volume +914 Geographic mix Product mix Price +242 Sales to partners +350 Currency +126 Others ,939 9, pts -0.1 pts +0.6 pts +2.4 pts +3.5 pts +1.3 pts +3.2 pts +20.1% Q Q

16 2017 TIV OUTLOOK EUROPE +2% FRANCE +2% RUSSIA up to +5% GLOBAL TIV * + 1.5% to + 2.5% INDIA +8% CHINA +5% * PC+LCV INCLUDING USA & CANADA BRAZIL BRAZIL stable -6% 16

17 2017 OPPORTUNITIES AND RISKS OPPORTUNITIES RISKS Full year impact of new products Alliance synergies Emerging markets recovery (Brazil, Russia) & ramp-up (China, India) Raw materials Brexit impact Trade agreements 17

18 2017 OUTLOOK INCLUDING AVTOVAZ, THE GROUP IS AIMING TO : Increase group revenues, beyond the impact of AVTOVAZ (at constant exchange rates)* Increase group operating profit in euros* Generate a positive Automotive operational free cash flow * compared with 2016 Groupe Renault published results 18