PSA - 2019 Universal Registration Document

ANALYSIS OF THE BUSINESS AND GROUP OPERATING RESULTS IN 2019 AND OUTLOOK Analysis of consolidated interim operating results

ANALYSIS OF CONSOLIDATED INTERIM 4.1. OPERATING RESULTS

The Group’soperationsare organisedaroundthreemainbusinesssegmentsdescribedin Note 4to the ConsolidatedFinancialStatements at 31 December 2019. Subsequent eventsarepresented inNote 19 to theFinancial Statements.

Group profit (loss) for the period

4.1.1.

31 December 2018 31 December 2019

Change

(in million euros)

Revenue

74,027 5,689

74,731 6,324

704 635

Adjusted operating income*

As a% of revenue Restructuring costs

7.7%

8.5%

(1,051) (238) 4,400 (446) (615) (44) 3,295

(1,531) (125) 4,668 (344) (716)

(480)

Other operating income and expenses

113

Operating income (loss)

268 102

Net financial income (expense)

Income taxes

(101)

Share in net earnings of companies at equity Consolidated profit (loss) for the period PROFIT (LOSS) FOR THE PERIOD ATTRIBUTABLE TO OWNERS OF THE PARENT

(24)

20

3,584

289

2,827 374 Adjusted operating income (loss) excludes from Operating income certain adjustments comprising Restructuring costs, Impairment of * CGU’s and Other operating income (expense) considered rare or discrete events and are infrequent in nature. 3,201

Group revenue 4.1.2.

The tablebelowshows consolidated revenue bydivision:

31 December 2018 31 December 2019

Change

(in million euros)

Automotive

58,553 17,525 (2,051) 74,027

58,943 17,768 (1,980) 74,731

390 243

Faurecia

Other businesses and eliminations*

71

REVENUE 704 Including the activities of Banque PSA Finance not covered by the partnerships signed with Santander Consumer Finance and BNPP. *

Automotiverevenues wereup 0.7%comparedto 2018mainlydrivenby productmix (+4.3%)and price (+1.2%),whichoffsetthe decrease of salesto partners(-1.7%), the negative impact of exchange rates (-0.5%), volumes and country mix (-2.4%) as well asothers (-0.2%).

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GROUPE PSA - 2019 UNIVERSAL REGISTRATION DOCUMENT