Stellantis Posts €377M Q1 Profit with 6% Revenue Growth
Stellantis swung to a Q1 net profit of €377M from a €387M loss, with revenue up 6% to €38.1B on a 12% volume rise across regions led by North America. Adjusted operating income climbed to €960M and industrial free cash flow improved 37% to negative €1.9B, with liquidity at €44.1B.
1. Return to Net Profit
Stellantis swung back to profitability in Q1 with net profit of €377M versus a €387M loss year-ago, while revenue rose 6% to €38.1B on a 12% sales volume increase across regions led by North America.
2. Strong Operating Results
Adjusted operating income climbed to €960M, reflecting improved manufacturing and sales execution, and adjusted earnings per share reached €0.25, marking the first quarterly profit data released by the company.
3. Cash Flow and Liquidity
Industrial free cash flow improved by 37% to negative €1.9B due to cost controls and improved sales, and end-of-quarter industrial liquidity stood at €44.1B, representing 28% of trailing 12-month revenues.