- Stellantis reported Q3 negative industrial free cash flow of €4 billion, improved from €4.3 billion a year earlier.
- Q3 revenues rose 1% to €37.6 billion, and adjusted operating income rose 184% to €256 million from €90 million.
- Stellantis reaffirmed its expectation of positive industrial free cash flow in 2027 as it executes the FaSTLAne 2030 plan and a €60 billion turnaround strategy.
- Shares rose 3.6% after the European market opened but have declined 62% since the start of the year.
Quotes
“During the quarter, we continued to make progress in the early execution of our FaSTLAne 2030 plan, launching new products, accelerating partnerships as planned, and delivering meaningful improvements in manufacturing and quality”