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The Zhitong Finance App learned that on Wednesday, Stellantis (STLA.US) skipped over 10%. As of press release, the increase had increased to 13%. According to the news, Stellantis announced third-quarter results: net revenue of 37.611 billion euros, up 1% year on year, higher than market expectations of about 36.4 billion euros; net loss of 453 million euros, 90% narrower than loss of 4.532 billion euros in the same period last year; adjusted operating profit of 256 million euros (US$285 million), slightly higher than the agreed market expectations, with a year-on-year increase of 184% and profit margin of 0.7%. The company kept its guidance unchanged throughout the year and reaffirmed the goal of positive industrial free cash flow in 2027.
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The Zhitong Finance App learned that on Wednesday, Stellantis (STLA.US) skipped over 10%. As of press release, the increase had increased to 13%. According to the news, Stellantis announced third-quarter results: net revenue of 37.611 billion euros, up 1% year on year, higher than market expectations of about 36.4 billion euros; net loss of 453 million euros, 90% narrower than loss of 4.532 billion euros in the same period last year; adjusted operating profit of 256 million euros (US$285 million), slightly higher than the agreed market expectations, with a year-on-year increase of 184% and profit margin of 0.7%. The company kept its guidance unchanged throughout the year and reaffirmed the goal of positive industrial free cash flow in 2027.
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