Faurecia : Ventes du troisième trimestre 2019 - présentation

Q3 2019 SALES

Confirmed FY2019 guidance	October 17, 2019
Project to acquire remaining 50% of SAS

Key messages

◼ Strong sales outperformance of 290bps for the first nine months

◼ Q3 sales slightly below worldwide automotive production, reflecting peak impact from Seating EoPs, lower bolt-on contribution and GM strike

		Q1 actual	Q2 actual	Q3 actual
Worldwide automotive production*	-6.3%	-8.2%	-3.1%
Faurecia ex-currencies & excl. Clarion	-1.1%	-4.4%	-3.7%
o/w	Bolt-ons	2.4%	1.3%	0.3%
	Seating EoPs	-2.2%	-2.6%	-4.5%
	GM strike	0.0%	0.0%	-0.6%
Excluding the 3 impacts		-1.3%	-3.1%	1.1%
Outperformance		520bps	380bps	-60bps
Outperformance excl. the 3 impacts	500bps	510bps	420bps

◼ Confirmed FY 2019 guidance, demonstrating increased resilience ◼ Maintaining the momentum of strategic transformation

◼ Significant cost reduction plan announced early September for Clarion, accelerating integration process

◼ Project to acquire remaining 50% stake of SAS to strengthen Faurecia's expertise in cockpit architecture and

systems integration

Q3 2019 Sales - October 17, 2019	2	* Source: IHS Markit forecast October 2019 (vehicles segment in line with
CAAM for China)

Agenda

1 Q3 2019 Sales

2 Confirmed FY 2019 guidance

3 Project to acquire remaining 50% stake of SAS

Q3 2019 Sales - October 17, 2019

3

Q3 2019

Sales slightly below worldwide automotive production

◼ Worldwide automotive production was down 3.1%***	Q3 2019 sales
in Q3
◼ Faurecia's Q3 sales amounted to €4,185m, up 4.3%			+4.3%
on a reported basis; they included:				€256m	€4,185m
◼ A scope effect of €256m due to the consolidation of Clarion	€4,014m	€64m	€(148)m
◼ A limited bolt-on contribution of €14m, vs. a significant bolt-on	+1.6%		+6.4%
	-3.7%
contribution of €164m in H1
◼ Ex-currency, Q3 sales were down 3.7%, impacted by:			Vs. automotive
		production
◼ A peak effect of -4.5% or €179m due to the phasing of the			growth***
		of -3.1%
already announced Seating EoPs; this effect will reduce as
from Q4
◼ An effect of -0.6% or €23m due to the GM strike in the US
◼ Interiors and Clean Mobility outperformed worldwide
automotive production, by respectively 160bps and
620bps
	Q3 2018	Currency	Growth	Clarion	Q3 2019
		effect	ex-currencies*	scope effect**

Q3 2019 Sales - October 17, 2019	4	* Including bolt-ons	*** Source: IHS Markit forecast October 2019
** 4 months (June to Sept.)	(vehicles segment in line with CAAM for China)

9m 2019

Strong outperformance of 290bps

◼ Worldwide automotive production was down 6.0%***	9m 2019 sales
	in 9m, with China down 12.9%***
◼ Faurecia's 9m sales amounted to €13,157m, up 1.2%			+1.2%	7%
	on a reported basis		€146m	€(400)m	€407m	€13,157m
	◼ Including a scope effect of €407m due to the consolidation	€13,005m
	+1.1%
		-3.1%	+3.1%
	of Clarion since April 1
◼ Ex-currency, 9m sales were down 3.1%, outperforming			Vs. automotive
		production
	worldwide automotive production by 290bps			growth***
			of -6.0%
	◼ Including bolt-on contribution of €178m, mostly in H1
◼	By Business Group:
	◼ Interiors and Clean Mobility strongly outperformed,
	by respectively 380bps and 560bps
	◼ Seating slightly underperformed (-40bps), mostly due
	to the EoPs already mentioned in previous quarters
◼ Outperformance since the beginning of the year is well	9m 2018	Currency	Growth	Clarion	9m 2019
	within the range of 150bps to 350bps guided for FY 2019
		effect	ex-currencies*	scope effect**

Q3 2019 Sales - October 17, 2019	5	* Including bolt-ons	*** Source: IHS Markit forecast October 2019
** 6 months (since April 1)	(vehicles segment in line with CAAM for China)