Stellantis : Execution still impressive… …and underestimated
>Q3 2023 better-than-expected, FY outlook confirmed - Yesterday, Stellantis reported robust Q3 revenues, 3% ahead of expectations at € 45.1bn, despite in line shipments (+11% to 1.4m units) and driven, notably, by continuing favourable price and mix effects (organic growth of 14%) and, more generally, a better-than-expected performance in the main regions. This should support profitability in H2, and at least partially offset the negative impact of the strikes. In vi...
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