STLA: Net Revenues Up 13%
STLA reports 13% rise in net revenues
STLA Stellantis: Net Revenues Up 13% Year-on-year In Earnings Notes: - Increase in net REVs driven by 32% rise in north America, flat growth in enlarged Europe - Net REVs up 13% year-on-year in Q2 at €43.5B vs. analysts consensus of €43.4B in Reuters poll - Q2 industrial free cash flow of €1B euros, from €31M a year earlier - Q2 ADJ Operating Income at €773M up from €213M a year earlier vs. analyst consensus of €914M in Reuters poll - Q2 net profit of €293M vs loss of €1.87B a year earlier - Q2 Consolidated shipments up 10% year-on-year to 1.6M units - Confirms 2026 financial guidance - ESTs net US tariff impact in 2026 at €1-1.2B - Expects positive industrial free cash flows in 2027 - Expects h2 performance to be skewed toward Q4, following Q3 summer production shutdown and continued operational performance improvements - H1 net tariff costs amounted to €300M, including refund of €400M - In h1 2026 paid €900M, part of €2-billion-euro cash payments related to h2 2025 charges