Stellantis ha registrato ricavi netti per 32,6 miliardi di euro nel terzo trimestre. Importanti iniziative commerciali e lanci di nuovi prodotti hanno mitigato il continuo impatto della carenza di semiconduttori. Guidance confermata per l’intero anno

“I ricavi netti di Stellantis nel terzo trimestre riflettono il successo della combinazione dei recenti lanci di veicoli, che includono le nuove offerte elettrificate, con importanti iniziative commerciali e industriali intraprese dai nostri team in risposta agli ordini inevasi di semiconduttori. La guidance per l'intero anno è quindi confermata, nonostante persista una scarsa visibilità sull’approvvigionamento di componenti.” - Richard Palmer, CFO

Nuovi modelli: I recenti lanci di nuovi modelli includono DS 4, Jeep Grand Cherokee L, Opel Mokka e Peugeot 308. A settembre sono state lanciate sul mercato le Grand Wagoneer e Wagoneer e sono state presentate la nuova Jeep Grand Cherokee e la prima Grand Cherokee 4xe elettrificata.

Segmenti: (tutte le quote di mercato sono riferite al terzo trimestre 2021) Leader del mercato dei veicoli commerciali in EU30 con una quota del 32,0%. Negli Stati Uniti la quota del mercato dettaglio è cresciuta di 50 punti base rispetto al secondo trimestre 2021, raggiungendo l'11,5%. Mantenuta la leadership di mercato in Sud America, Brasile e Argentina con quote di mercato rispettivamente del 24,4%, 35,6% e 31,0%. Quota di mercato di Maserati in crescita di 40 punti percentuali su base annua al 2,4%. Iniziate le consegne della nuova Maserati MC20.

Partnership strategiche: Accelerazione della strategia di elettrificazione con l'annuncio di diverse partnership strategiche* per espandere la capacità produttiva delle batterie in Europa e Nord America. Accordo definitivo per l'acquisizione di First Investors Financial Services Group*, un'importante passo per la creazione di una società di servizi finanziari captive negli Stati Uniti.

Base di preparazione
"Q3 2021", "Q3 2020", "9 Mesi 2021" e "9 Mesi 2020" sono i ricavi riportati secondo gli standard IFRS. I 9 Mesi 2021 includono la exFCA dal 17 gennaio 2021, dopo la chiusura della fusione; "9 Mesi 2021 pro-forma", "9 Mesi 2020 pro-forma" e "Q3 2020 pro-forma" sono presentati come se la fusione fosse avvenuta il 1° gennaio 2020. Per maggiori dettagli, fare riferimento alla sezione “Note”. Fare riferimento alla sezione "Safe Harbor Statement" inclusa nella versione originale completa in inglese del presente documento.
‡ La Guidance comprende gli effetti della contabilizzazione secondo il metodo del purchase accounting le modifiche ai principi di contabilizzazione apportate in base agli IFRS in relazione alla fusione. La Guidance fa riferimento ai risultati pro forma, che comprendono i risultati di FCA relativi al periodo 1-16 gennaio 2021.
* Transazione/i soggetta/e all'accordo sulla documentazione definitiva e alle consuete condizioni di chiusura, incluse le approvazioni normative

NOTES
(1) Combined shipments include shipments by the Company's consolidated subsidiaries and unconsolidated joint ventures, whereas Consolidated shipments only include shipments by the Company's consolidated subsidiaries.
(2) Completed merger of Peugeot S.A. (“PSA”) with and into Fiat Chrysler Automobiles N.V. (“FCA”) on January 16, 2021 (“Merger”). On January 17, 2021, combined company was renamed Stellantis N.V. (“Stellantis” or “Company”). PSA was determined to be the acquirer for accounting purposes, therefore, the historical financial statements of Stellantis represent the continuing operations of PSA, which also reflect the loss of control and the classification of Faurecia S.E. (Faurecia) as a discontinued operation as of January 1, 2021 with the restatement of comparative periods. Acquisition date of business combination was January 17, 2021, therefore, revenues of FCA for the period January 1 -16, 2021 are excluded from YTD 2021 revenues unless otherwise stated. YTD 2021 Pro Forma revenues are presented as if the Merger had occurred on January 1, 2020 and include revenues of FCA for the period January 1 –16, 2021. Q3 2020 and YTD 2020 represents revenues of the continuing operations of PSA only and are not directly comparable to previously reported revenues of PSA and reflect accounting policies and reporting classifications of the Company. Q3 2020 Pro Forma and YTD 2020 Pro Forma revenues are presented as if the Merger had occurred on January 1, 2020. Consolidated and Combined shipments for the YTD 2020 Pro Forma, YTD 2021 Pro Forma and Q3 2020 Pro Forma periods have been calculated as if the merger happened on January 1, 2020. The fair values assigned to the assets acquired and liabilities assumed are preliminary and will be finalized during the one-year measurement period from the acquisition date, as provided for by IFRS 3.
(3) Adjusted operating income/(loss) excludes from Net profit/(loss) from continuing operations adjustments comprising restructuring, impairments, asset write-offs, disposals of investments and unusual operating income/(expense) that are considered rare or discrete events and are infrequent in nature, as inclusion of such items is not considered to be indicative of the Company's ongoing operating performance, and also excludes Net financial expenses/(income), Tax expense/(benefit) and Share of the profit of equity method investees. Unusual operating income/(expense) are impacts from strategic decisions, as well as events considered rare or discrete and infrequent in nature, as inclusion of such items is not considered to be indicative of the Company's ongoing operating performance. Unusual operating income/(expense) includes, but may not be limited to: impacts from strategic decisions to rationalize Stellantis' core operations; facility-related costs stemming from Stellantis' plans to match production capacity and cost structure to market demand, and; convergence and integration costs directly related to significant acquisitions or mergers.
(4) Source: IHS Global Insight, Wards, China Passenger Car Association and Company's estimates. 

Market share information is derived from third-party industry sources (e.g. European Automobile Manufacturers Association (ACEA), Ward’s Automotive, Associação Nacional dos Fabricantes de Veículos Automotores (ANFAVEA)) and internal information and represents Passenger cars (PC) plus light commercial vehicles (LCV). Commercial Vehicles market share refers to light commercial vehicles (LCV).
Maserati market share is derived from IHS data, Maserati competitive segment and internal information.
EU30 = EU27 (excluding Malta) + Iceland + Norway + Switzerland + UK.

SAFE HARBOR STATEMENT
This document, in particular references to “2021 Guidance”, contains forward looking statements. In particular, statements regarding future financial performance and the Company’s expectations as to the achievement of certain targeted metrics, including revenues, industrial free cash flows, vehicle shipments, capital investments, research and development costs and other expenses at any future date or for any future period are forward-looking statements. These statements may include terms such as “may”, “will”, “expect”, “could”, “should”, “intend”, “estimate”, “anticipate”, “believe”, “remain”, “on track”, “design”, “target”, “objective”, “goal”, “forecast”, “projection”, “outlook”, “prospects”, “plan”, or similar terms. Forward-looking statements are not guarantees of future performance. Rather, they are based on the Company’s current state of knowledge, future expectations and projections about future events and are by their nature, subject to inherent risks and uncertainties. They relate to events and depend on circumstances that may or may not occur or exist in the future and, as such, undue reliance should not be placed on them.
Actual results may differ materially from those expressed in forward-looking statements as a result of a variety of factors, including: the impact of the COVID-19 pandemic; the ability of the Company to launch new products successfully and to maintain vehicle shipment volumes; changes in the global financial markets, general economic environment and changes in demand for automotive products, which is subject to cyclicality; changes in local economic and political conditions, changes in trade policy and the imposition of global and regional tariffs or tariffs targeted to the automotive industry, the enactment of tax reforms or other changes in tax laws and regulations; the Company’s ability to expand certain of their brands globally; its ability to offer innovative, attractive products; its ability to develop, manufacture and sell vehicles with advanced features including enhanced electrification, connectivity and autonomous driving characteristics; various types of claims, lawsuits, governmental investigations and other contingencies, including product liability and warranty claims and environmental claims, investigations and lawsuits; material operating expenditures in relation to compliance with environmental, health and safety regulations; the intense level of competition in the automotive industry, which may increase due to consolidation; exposure to shortfalls in the funding of the Company’s defined benefit pension plans; the ability to provide or arrange for access to adequate financing for dealers and retail customers and associated risks related to the establishment and operations of financial services companies; the ability to access funding to execute the Company’s business plans and improve their businesses, financial condition and results of operations; a significant malfunction, disruption or security breach compromising information technology systems or the electronic control systems contained in the Company’s vehicles; the Company’s ability to realize anticipated benefits from joint venture arrangements; disruptions arising from political, social and economic instability; risks associated with our relationships with employees, dealers and suppliers; increases in costs, disruptions of supply or shortages of raw materials, parts, components and systems used in the Company’s vehicles; developments in labor and industrial relations and developments in applicable labor laws; exchange rate fluctuations, interest rate changes, credit risk and other market risks; political and civil unrest; earthquakes or other disasters; the risk that the operations of Peugeot S.A. and Fiat Chrysler Automobiles N.V. will not be integrated successfully and other risks and uncertainties. Any forward-looking statements contained in this document speak only as of the date of this document and the Company disclaims any obligation to update or revise publicly forward-looking statements. Further information concerning the Company and its businesses, including factors that could materially affect the Company’s financial results, is included in the Company’s reports and filings with the U.S. Securities and Exchange
Commission and AFM.
On October 28, 2021 at 1:00 p.m. CEST / 7:00 a.m. EDT, a live audio webcast and conference call will be held to present the Third Quarter 2021 Shipments and Revenues of Stellantis. The audio webcast and recorded replay will be accessible under the Investors section of the Stellantis
corporate website at (https://www.stellantis.com/en). The presentation material is expected to be posted under the Investors section of the Stellantis corporate website at approximately 8:00 a.m. CEST / 2:00 a.m. EDT on October 28, 2021.

Amsterdam, October 28, 2021