Stellantis: Q3 loss down 90 per cent to 453 million, revenue up 1 per cent to 37.61 billion
Profit of 217 million in 9 months (compared with a loss of 6.78 billion), revenue up 7 per cent
(Il Sole 24 Ore Radiocor) - , 28 Oct - Stellantis closed the third quarter “with all financial indicators showing year-on-year improvement”, which allows it to confirm its 2026 guidance, and with its “Value Creation Programme gathering pace”. Over the three-month period, the company reported a net loss of €453 million, an improvement of 90 per cent compared with the €4.532 billion loss in the same period last year – when results had been adversely affected by significant items – though still higher than the consensus estimate of a €239 million loss. The company reported revenue of 37.611 billion, up 1 per cent from 37.206 billion in the third quarter of 2025 and better than the consensus estimate of 36.331 billion. Growth was driven by higher volumes in Greater Europe (+3 per cent) and South America (+3 per cent), stable volumes and favourable exchange rate movements. In North America, revenue fell by 3 per cent. Adjusted operating income (AOI) stood at 256 million euros, up 184 per cent, with a margin of 0.7 per cent, compared with the previous 0.2 per cent, which “represents an improvement of 0.2 billion euros compared with the third quarter of 2025, with all regions recording positive Aoi margins, with the exception of Greater Europe”. Industrial cash flow, which was negative at 4.009 billion for the quarter, improved compared with the previous figure of 4.304 billion, reflecting a stronger operating performance. Available industrial liquidity stood at 42.7 billion, equivalent to 26 per cent of net revenue over the last 12 months and remaining within the company’s target liquidity range of between 25 per cent and 30 per cent. In the first nine months, net profit stood at 217 million, compared with a loss of 6.788 billion in the same period last year, with revenue up 7% to 119.224 billion. EBITDA improved by 216 per cent to 1.989 billion, with a margin of 1.7 per cent (up from 0.6 per cent).
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