Stellantis posts modest Q3 operating income but burns €4 billion
STLA•Stellantis reported third-quarter adjusted EBIT of €256 million, up from €90 million a year earlier, while industrial cash outflow reached €4 billion. Revenue was little changed at €37.6 billion.
1. Quarterly results
Stellantis reported adjusted earnings before interest and taxes of €256 million for July to September, compared with €90 million a year earlier. The result was broadly in line with a Reuters poll consensus of €191 million. Revenue was little changed at €37.6 billion, with slight increases in Europe and South America and a 3% decline in North America.
2. Cash and cost targets
The automaker recorded a €4 billion industrial cash outflow in the quarter. It confirmed its 2026 forecasts and its target of returning to positive cash flow generation in 2027. Stellantis said it remained on track to implement at least 40% of its total €6 billion in run-rate efficiencies by year-end, and expected fourth-quarter savings of around €500 million, approximately double the third-quarter amount.
3. Maserati plan
Stellantis said it would present a new business plan for its Maserati luxury brand on December 10.
