Stellantis N.V. ( (STLA) ) has released its Q4 earnings. Here is a breakdown of the information Stellantis N.V. presented to its investors.
Stellantis N.V. is a leading global automaker known for its diverse portfolio of iconic brands, operating in the automotive industry with a focus on providing clean, safe, and affordable mobility solutions.
Stellantis reported its full-year 2024 financial results, which aligned with the updated guidance provided earlier. The company experienced a challenging year with a significant decline in net revenues and profits, attributed to temporary gaps in product offerings and inventory reduction initiatives.
Key financial metrics revealed a 17% decrease in net revenues to €156.9 billion and a 70% drop in net profit to €5.5 billion. Adjusted operating income fell by 64%, with an AOI margin of 5.5%. Despite these declines, Stellantis initiated a generational product portfolio transition and maintained a strong industrial liquidity position of €49.5 billion. The company also proposed a dividend of €0.68 per share.
Looking ahead, Stellantis expects a return to profitable growth and positive cash generation in 2025, with guidance indicating positive net revenue growth and mid-single-digit AOI margins. The company remains focused on executing strategic initiatives, including the rollout of new multi-energy platforms and the development of advanced vehicle technologies.