STELLANTIS - Risultati sopra le attese grazie a minore cost inflation e maggiori efficienze sui costi

Fatto

Stellantis ha annunciato i seguenti risultati del 1H 2023:

•    Revenue at €98.4bn (+12% YoY), vs Interm./Cons. at €98.6/ 98.2bn, -0%/ +0%;
o    North America at €45.9bn, vs Interm./Cons. at €44.9/ 46.4bn, +2%/ -1%
o    Europe & MEA at €39.6bn, vs Interm./Cons. at €40.0/ 38.7bn, -1%/ +2%
o    South America at €7.6bn, vs Interm./Cons. at €8.2/ 7.9bn, -8%/ -5%

•    Shipments 3,202k (+9% YoY), vs Interm. at 3,168k;

•    ASP at €30.1k (+1% YoY), vs Interm. at €30.6k;
o    Price +5% or €4.8bn
o    Mix -1%
o    FX -3%
o    Cost inflation of €1.7bn, or 2% vs 6% exp.

•    Adj. EBIT at €14.1bn (+14% YoY), vs Interm./Cons. at €12.9/ 12.6bn, +10%/ +12%;

•    Adj. EBIT margin at 14.4% vs 14.1% in 1H22, vs Interm./Cons. at 13.1%/ 12.8%;

•    Ind. FCF at €8.7bn, vs Interm./Cons. at €5.4/ 5.7bn;

•    Net cash at €29.8bn, vs Interm./Cons. at €26.1/ 27.1bn.
 

Effetto