Stellantis : A still solid and promising performance despite the context
>Good Q3 in a challenging context and 2021 outlook confirmed - In a difficult context in Q3 marked by a worsening of the semiconductor shortage (600k units lost for Stellantis vs 700k in H1 as a whole) and a strong fall in shipments for the OEM (-27%), reported revenues were solid (-14%) at € 32.6bn, slightly above estimates (€ 32.0bn). As we expected, the car maker again managed to partly offset the fall in volumes by very favourable mix and price effects (regions, b...
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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