Stellantis : Q3 sales 3% above expectations, FY outlook confirmed
>Q3 revenues up 14% ex FX, 3% beat vs consensus notably thanks to solid pricing - Stellantis this morning reported Q3 revenues at € 45.1bn, up 7% (+14% ex FX) and 3% above the consensus expectations at € 43.7bn with shipments broadly in line at 1.43m units (+11%). We note the reassuring comments regarding pricing (positive in NA, MEA, SA and stable in Europe) which probably explain most of the beat in our view. This is confirmed looking at the bridge with volumes and ...
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