Business

Stellantis Projects €74.3B H1 Revenue Amid Challenges, Eyes Stronger Second Half

Stellantis NV Announces First Half Fiscal 2025 Expectations

On Monday, Stellantis NV shared its financial projections for the first half of fiscal 2025, anticipating total net revenues to hit €74.3 billion. Despite this significant revenue, the company foresees a net loss of €2.3 billion and an adjusted operating income of €0.5 billion.

Looking Ahead: A Stronger Second Half

Stellantis remains optimistic about the latter half of the year, citing new product launches as a key driver for improved performance. "With new products expected to deliver larger benefits," the company is banking on innovation to turnaround its fortunes.

Production Challenges Impact Shipments

The automaker reported a 6% yearly decrease in consolidated shipment estimates for the second quarter, totaling 1.4 million units. This decline is attributed to tariff-related production pauses, highlighting the global challenges facing the automotive industry.

Market Reaction

Following the announcement, Stellantis' shares experienced a 2.23% drop during trading hours, reflecting investor concerns over the company's short-term financial health.