Stellantis proposes two new board members to boost tech expertise, financial oversight
Carmaker Stellantis has nominated Daniel Ramot and Alice Schroeder as new board members, as well as proposing the re-election of five others, it said on Monday, as the mandates of seven of its executives come to an end.
Stellantis: 2024 Painful, But All Eyes For A 2025 Recovery
FY24 AOI missed expectations by 8%, with a 5.5% margin; volume/mix, price, FX, and industrial performance had significant negative impacts in H2 2024. Balance sheet flexibility is supportive, and launch schedules for new models in 2025 will likely drive a volume recovery. Stellantis guides for 'positive' revenue growth and 'mid-single-digits' AOI margin in 2025. With lower inventories, this is a reassuring outlook.
Stellantis: Time To Throw In The Towel (Rating Downgrade)
Stellantis N.V.'s FY 2024 results were disappointing, with a 17% revenue decline and a shocking €6 billion negative free cash flow, leading to a 5% share decline following the announcement. Surging labor costs, bloated inventories, and fierce competition forced deeper discounts, severely impacting Stellantis' margins and profitability. Despite a tempting 4.2x P/E ratio, negative free cash flow with a murky outlook for 2025 undermines the case for sustainable dividends and buybacks.
Chairman of automaker Stellantis urges Trump to keep Mexico, Canada 'tariff-free'
Stellantis faces uncertainty around tariffs promised by U.S. President Donald Trump that could significantly reduce its profits, while the Jeep-maker is already struggling to recover from what it called a "rough" 2024.
Stellantis N.V. (STLA) Q4 2024 Earnings Call Transcript
Stellantis N.V. (NYSE:STLA ) Q4 2024 Earnings Conference Call February 26, 2025 8:00 AM ET Company Participants Ed Ditmire - Head of IR John Elkann - Executive Chairman Doug Ostermann - CFO Conference Call Participants George Galliers - Goldman Sachs Thomas Besson - Kepler Cheuvreux Daniel Roeska - Bernstein Research Patrick Hummel - UBS Jose Asumendi - JPMorgan Philippe Houchois - Jefferies Tim Rokossa - Deutsche Bank Stuart Pearson - BNP Paribas Operator Hello, and welcome to Stellantis Full Year 2024 results.
Fiat Chrysler Parent Stellantis Takes 17% Revenue Hit In 2024, Operating Cash Flow Shrinks
Italian automobile major Stellantis NV STLA stock is trading lower on Wednesday after it reported its full-year 2024 earnings.
Stellantis Stock Slips as Profit Plunges
Stellantis (STLA) shares fell 3.5% in premarket trading Wednesday after the struggling automaker's 2024 earnings disappointed investors, although the Jeep parent said it expects to return to revenue growth this year.
Stellantis slides on ugly numbers, no news on new CEO
Shares in Stellantis NV (NYSE:STLA, EPA:STLA) fell 5% in early trading after the Vauxhall, Fiat, Citroen, Chrysler and Jeep maker reported a 70% fall in net profit last year but predicted a rebound in 2025. The conglomerate of European and US automotive brands is also looking to appoint a new chief executive, after the abrupt departure of Carlos Tavares last year, saying the process is expected to be concluded in the first half of the year.
Stellantis forecasts growth in 2025 after sharp earnings drop in 2024
Stellantis, the multinational auto giant behind Dodge, Jeep, Fiat, Chrysler, and Peugeot, expects to return to growth in 2025 after a sharp decline in its 2024 earnings. The company posted a full-year net profit of €5.5 billion ($5.77 billion), a steep 70% drop from the €18.6 billion recorded in 2023.
Jeep, Dodge maker Stellantis posts 70% drop in full-year profit
Auto giant Stellantis on Wednesday reported a sharp drop in full-year earnings as the company scrambles to take measures to improve its performance and profitability. The mutlinational conglomerate, which owns household names including Jeep, Dodge, Fiat, Chrysler and Peugeot, posted full-year 2024 net profit of 5.5 billion euros ($5.8 billion), down 70% from 18.6 billion euros across full-year 2023.
Stellantis sees revenue growth, positive cash in 2025 after critical 2024
Automaker Stellantis said on Wednesday it would return to revenue growth and positive cash generation in 2025 as it scrambles to recover from a crisis which engulfed its U.S. business late last year and knocked its share price.
Cinderella-Like Stellantis On The Hunt For Its Glass Slipper, Q4 Earnings Preview
Stellantis' stock surged from $6 to $30 post-Covid, then plummeted to $12, but recently rebounded to $14. This article questions if the recent stock recovery is fundamentally driven or if further downside is expected as earnings approach. Insights from the automotive sector will be analyzed to make an educated guess on Stellantis' performance for the rest of the year.
