Stellantis First Half 2023 Earnings: EPS: €3.48 (vs €2.54 in 1H 2022)

Stellantis (BIT:STLAM) First Half 2023 Results

Key Financial Results

• Revenue: €98.4b (up 12% from 1H 2022).
• Net income: €10.9b (up 37% from 1H 2022).
• Profit margin: 11% (up from 9.0% in 1H 2022). The increase in margin was driven by higher revenue.
• EPS: €3.48 (up from €2.54 in 1H 2022).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Stellantis Earnings Insights

Looking ahead, revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Auto industry in Europe.

Performance of the market in Italy.

The company's shares are up 13% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 3 warning signs for Stellantis (1 doesn't sit too well with us) you should be aware of.

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