2014 full year results
TRANSCRIPT
2014 FOCUS
2014 KEY FINANCIAL FIGURES(MILLION €)
FULL YEAR RESULTS: IN 2014 PSA PEUGEOT CITROËN
HAS ACCELERATED ITS ECONOMIC RECOVERY
2,818
Sales2013
Millions of vehicles2,939
Sales2014
Millions of vehicles
EXPLANATIONS
2013* 2014- 2 500
- 2 000
- 1 000
0
- 2 227
- 555
2013* 2014- 1 000
0
1 000
2 000
- 426
1 792
2013* 201450 000
52 500
55 000
53 07953 607
Recurring operating incomeRevenues
Total salesof products and services
Income generatedby operating activities of the company
Free Cash Flow
Net income
The companyʼs recurring operatingincome** after other expenses***
• Negative impact of exchange rates
• Decline of Russian and Latin America markets
- +• Unifying ʻBack in the Raceʼ plan• New organizational chart by regions• Improvement of Peugeot, Citroën and DS pricing power • Reduced total inventory • Fixed costs reduction• Young range of vehicles• Sales growth in China and Europe
20142013*- 500
500
0
1 000
- 364
+ 905
+32%
+4,3%
734 000 1st
market for the Group
CHINA
+8,1%
1 761 000 EUROPE
EUROPE
1
1st
market for the Group
1
1st
Leader in Europe on CO2 emissions with 110,3g/km
1
* Restated with IFRS 5. ** Exceptional elements, financial expenses, taxes.*** Free cash flow minus exceptional elements.
€2.2 billion of operating Free Cash Flow*** in 2014:the Group is net debt free