Stellantis Reports Slight Q3 Operating Income Increase, €4 Billion Cash Outflow
Stellantis reported a slight increase in operating income in the third quarter, alongside a €4 billion industrial cash outflow.
Story updates
08:03:28 AM UTC
SquawkNews
PARIS (dpa-AFX) - Automaker Stellantis N.V. (STLA, STLAP.PA, STLAM.MI) reported Wednesday sharply narrower net loss in its third quarter, and higher adjusted operating income and margin, with revenue growth. Meanwhile, shipments were lower.Looking ahead, the company continues to expect fiscal 2026…
By Giulio Piovaccari and Gilles GuillaumeStellantis MIL:STLAM on Wednesday posted a slight increase in operating income in the third quarter as the automaker presses ahead with a slow turnaround process, which still generated a €4 billion ($4.45 billion) industrial cash outflow in the period.Follow…