FCA : A record Q3 which bodes well for Stellantis
>Record Q3 and newguidance, both well ahead of expectations - FCA yesterday reported a record set of Q3 results (operating margin of 8.8%), well ahead of expectations, driven by an exceptional performance in North America (record operating margin of 13.8%). While it is clearly difficult to extrapolate this very good Q3, the group has nevertheless reinstated a guidance which, granted, suggests a less strong Q4 (with the return of certain costs) but still relatively so...Fiat Chrysler Automobiles is a holding company. Through its subsidiaries, Co. is an international automotive group engaged in designing, engineering, manufacturing, distributing and selling vehicles, components and production systems. Co. has operations in approx. 40 countries and sells its vehicles directly or through distributors and dealers in more than 140 countries. Co. designs, engineers, manufactures, distributes and sells vehicles for the mass market under the Abarth, Alfa Romeo, Chrysler, Dodge, Fiat, Fiat Professional, Jeep, Lancia and Ram brands and the SRT performance vehicle designation.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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