Stellantis NV
STLA: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| @r | LOCK|BJ | LOCK|?w$<@$ |
Stellantis Earnings: Cost Savings More Than Offsetting Weak Market Environment
Stellantis reported 1% revenue growth, 184% growth in adjusted operating income, and 7% growth in industrial free cash flow. These figures are off a very depressed base. Industrial cost savings totaled EUR 828 million in the third quarter, bringing year-to-date savings to just under EUR 3 billion.
