STLA
Stellantis NV
Q2 2024 Report
Stellantis NV (STLA) Q2 2024 Financial Results: Navigating Headwinds Ahead of Product Blitz...
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Executive Summary
Stellantis NV reported challenging Q4 2024 results, driven by ongoing operational issues and broader market conditions. With total revenue declining by 21.33% year-over-year to âŦ77.39 billion, the company targeted strategic shifts to return to profitable growth. Operating income fell significantly into the negative territory, reflecting a -107.35% year-on-year decrease, and net income also dropped substantially by -99.62% to âŦ41.76 million amid increased operational expenses and inventory reductions. Despite these setbacks, management highlighted strategic product launches and an ambitious product development roadmap aiming for 30 new models by 2025, seeking to regain market share and improve profitability.
Key Performance Indicators
Revenue
77.39B
QoQ: -8.98% | YoY:-21.33%
Gross Profit
3.82B
4.90% margin
QoQ: -74.89% | YoY:-82.19%
Operating Income
-1.01B
QoQ: -115.25% | YoY:-107.35%
Net Income
41.76M
QoQ: -99.26% | YoY:-99.62%
EPS
0.01
QoQ: -99.43% | YoY:-99.69%
Revenue Trend
Margin Analysis
Key Insights
- **Revenue:** âŦ77.39 billion, a decline of 21.33% YoY.
- **Net Income:** âŦ41.76 million, a drastic decrease of 99.62% YoY.
- **Operating Income:** -âŦ1.01 billion, reflecting an operating income margin of -1.31%.
- **Gross Profit Margin:** 4.93%, down from 18.3% YoY.
- **Adjusted Diluted EPS:** âŦ0.014, a drop of 99.43% YoY.