- Stellantis NV (NYSE:STLA) reported FY21 Pro Forma sales growth of 14% year-on-year, to €152 billion, versus €133.9 billion the previous year.
- On a Pro Forma basis, North America revenue rose 15% Y/Y to €69.7 billion, South America increased 71% to €10.7 billion, Europe 5% to €59 billion, Middle East & Africa rose 9% to €5.2 billion, China and India & Asia Pacific grew 24.4% to €3.9 billion.
- The adjusted operating margin expanded 490 basis points to 11.8%, and the adjusted operating income nearly doubled to €18 billion on a Pro Forma basis.
- Cash flow from operating activities totaled €18.6 billion, and the pro forma industrial free cash flows totaled €6.1 billion.
- Stellantis posted Pro Forma EPS from continuing operations of €4.23 for FY21.
- The company held €49.6 billion in cash and equivalents as of December 31, 2021.
- Outlook: Stellantis sees FY22 adjusted operating income margin to be in double-digit.
- Price Action: STLA shares are trading higher by 5.05% at $19.34 on the last check Wednesday.
Get all your news in one place.
100’s of premium titles.
One app.
Start reading
One app.
Get all your news in one place.
100’s of premium titles. One news app.
Stellantis Registers 14% Pro Forma Revenue Growth In FY21
Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member?
Sign in here
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member?
Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member?
Sign in here
Our Picks