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8/3, 9:31 AM (Source: TeleTrader)
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Stellantis revenue surges 46% to €75.3 billion in H1

Stellantis N.V. revealed on Tuesday that its Pro Forma Net revenues annually soared 46% to reach €75.3 billion in the first half of 2021. The carmaker's Pro Forma Net profit jumped to €5.94 billion.

"While delivering this strong operational performance the company also made significant progress on strategic matters related to electrification acceleration and software, which are fundamental pillars of our strategy," CEO Carlos Tavares noted.

Commenting on the outlook, Stellantis revised its expectations upward for the full-year results. The shares surged 4.13% to €17.05 following the earnings announcement.

Breaking the News / ND