Stellantis(STLA)

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Stellantis Publishes Agenda for 2025 Annual General Meeting of Shareholders
Newsfilter· 2025-03-03 07:01
Core Points - Stellantis N.V. has published the agenda and explanatory notes for its 2025 Annual General Meeting of Shareholders (AGM) scheduled for April 15, 2025, in Amsterdam [2] - The Board of Directors proposes the re-election of five non-executive directors and the appointment of two new non-executive directors [3] - The new nominees, Alice Davey Schroeder and Daniel Ramot, bring extensive expertise in finance, technology, and corporate governance [4][5][6] Company Overview - Stellantis is one of the world's leading automakers, known for its diverse portfolio of brands and its commitment to providing clean, safe, and affordable mobility [9] - The company is executing its "Dare Forward 2030" strategic plan, aiming to become a carbon net zero mobility tech company by 2038 [9]
Stellantis Names New Head of North America Communications
Prnewswire· 2025-02-28 20:20
Core Insights - Stellantis has appointed Kaileen Connelly as Senior Vice President of North America Communications, effective March 10, 2025, to oversee the regional communications strategy [1][4] - Connelly has been with Stellantis since its inception in early 2021, previously leading the global corporate communications content team and managing key accounts at notable marketing firms [2][4] - Shawn Morgan, after over 26 years with Stellantis, has announced her intention to retire [3] Company Overview - Stellantis is a leading global automaker known for its portfolio of iconic brands, including Jeep®, Chrysler, Dodge//SRT, Ram, Alfa Romeo, and Fiat, and aims to provide clean, safe, and affordable mobility [5] - The company is executing its Dare Forward 2030 strategic plan, targeting carbon net zero mobility by 2038 while creating value for stakeholders [5]
Stellantis: 2024 Painful, But All Eyes For A 2025 Recovery
Seeking Alpha· 2025-02-28 10:30
Stellantis (NYSE: STLA ) just released its Q4 and Fiscal Year 2024 results. At the time of writing, the stock price is dropping by 3.5%, bringing price levels back to those of the previous analysis and erasing the unrealized capital gain (Fig 1). InBuy-side hedge professionals conducting fundamental, income oriented, long term analysis across sectors globally in developed markets. Please shoot us a message or leave a comment to discuss ideas.DISCLOSURE: All of our articles are a matter of opinion, informed ...
World's Only All-wheel-drive Muscle Car: All-new Dodge Charger Daytona Engineered to Conquer Treacherous Winter Weather
Prnewswire· 2025-02-27 16:00
AUBURN HILLS, Mich., Feb. 27, 2025 /PRNewswire/ -- The all-new, all-electric Dodge Charger Daytona, the world’s quickest and most powerful muscle car, is staking claim to yet another impressive title: the world’s only all-wheel-drive muscle car. All-new, all-electric Dodge Charger Daytona is the world's only all-wheel-drive muscle car Two-door Dodge Charger Daytona Scat Pack and Charger Daytona R/T effortlessly master challenging winter weather conditions during annual testing in locations including ...
Stellantis: Time To Throw In The Towel (Rating Downgrade)
Seeking Alpha· 2025-02-27 14:10
Stellantis N.V. (NYSE: STLA ) reported results for FY 2024 , and shares dropped about 5% following the announcement. With that, Stellantis shares ended their trailing twelve months performance about 49% lower in value, while the S&P 500 (Experience as an investment analyst for a major BB-Bank, as well as private equity consultant for MBB. Currently working towards the CFA charter, having completed I&II. Passion for risk-assets (Growth, Contrarian, Emerging Market) ex-colleague and close friend of Investor E ...
Stellantis(STLA) - 2024 Q4 - Earnings Call Transcript
2025-02-26 16:57
Financial Data and Key Metrics Changes - The adjusted diluted earnings per share decreased by 61% to EUR2.48, with adjusted operating income (AOI) down 64% to EUR8.6 billion, compared to a record EUR24.3 billion in 2023 [15][24][26] - Net revenues fell by 17% to EUR157 billion, primarily due to a decline in consolidated shipments by 12%, equating to 750,000 units [15][16][22] - Industrial free cash flow was negative EUR6 billion, which was closer to the better end of the guidance range of negative EUR5 billion to negative EUR10 billion [14][26] Business Line Data and Key Metrics Changes - North America faced significant challenges, with inventory reduction actions impacting results, particularly in the second half of 2024 [28] - Europe experienced a gap in production for A and B segment products, leading to reduced volumes in the second half [28] - The third engine regions saw a 7% revenue decline, but AOI margins remained healthy at 14% [29] Market Data and Key Metrics Changes - The company lost approximately 5% market share in both North America and Europe since its formation [110] - The North American market is expected to see a gradual recovery with new product launches and improved pricing strategies [28][34] Company Strategy and Development Direction - The company aims for profitable growth, focusing on executing product launches and improving inventory management [8][10] - There is a strong emphasis on regional empowerment to enhance decision-making and customer engagement [102] - The company plans to transition to quarterly reporting starting in Q1 2026 to improve transparency and stakeholder communication [37] Management's Comments on Operating Environment and Future Outlook - Management acknowledged 2024 as a challenging year but expressed optimism for 2025, expecting a stronger second half driven by new product launches [33][34] - The company is focused on regaining market share through improved product offerings and marketing efforts [76][113] - Management highlighted the importance of addressing regulatory challenges and competition, particularly from Chinese OEMs [42][46] Other Important Information - The company is committed to returning capital to shareholders, with a proposed dividend of EUR0.68 per share [30] - The balance sheet remains strong, with a liquidity ratio of 32%, slightly above the target range [31] Q&A Session Summary Question: Does it still make sense to have a global auto company in a geopolitically decoupled world? - Management believes that regional scale is a strength, allowing for differentiation in customer needs and regulatory compliance [56][58] Question: Can you confirm that growth is more of a second-half story for 2025? - Management confirmed that the second half of 2025 is expected to be stronger, with new product launches contributing to improved performance [33][34] Question: What measures are in place to regain market share in the US? - Management emphasized a combination of great products, trust with dealers, and increased marketing efforts to regain market share [76][81] Question: What are the key drivers for financial planning in Europe? - Management indicated that the second half of 2025 will benefit from new vehicle launches, leading to stronger performance compared to the first half [105][106] Question: How does the company plan to balance the cost of rebuilding market share? - Management stated that selling more cars will utilize existing capacity without significantly increasing costs, focusing on product quality and customer engagement [113][115]
Stellantis(STLA) - 2024 Q4 - Earnings Call Presentation
2025-02-26 14:12
FULL YEAR 2024 RESULTS Jeep® Grand Cherokee 4xe This document, in particular references to "FY 2025 Guidance", contains forward looking statements. In particular, statements regarding future financial performance and the Company's expectations as to the achievement of certain targeted metrics, including revenues, industrial free cash flows, vehicle shipments, capital investments, research and development costs and other expenses at any future date or for any future period are forward-looking statements. The ...
Stellantis Stock Slips as Profit Plunges
Investopedia· 2025-02-26 12:06
KEY TAKEAWAYSStellantis shares fell in premarket trading Wednesday after the struggling automaker's 2024 profit disappointed investors, although the Jeep and Chrysler parent said it expects to return to revenue growth this year.The company posted 2024 net profit of 5.5 billion euros ($5.77 billion), a 70% year-over-year slump and below consensus estimates of analysts surveyed by Visible Alpha.Stellantis, whose CEO Carlos Tavares resigned in December, said it expects to name his replacement in the first half ...
Jeep, Dodge maker Stellantis posts 70% drop in full-year profit
CNBC· 2025-02-26 07:13
Core Insights - Stellantis reported a significant decline in full-year earnings for 2024, with net profit dropping to 5.5 billion euros ($5.77 billion), a 70% decrease from 18.6 billion euros in 2023 [2] - The company is currently searching for a new CEO following the unexpected departure of Carlos Tavares, with expectations to appoint a successor in the first half of the year [3] - Stellantis has faced multiple challenges, including performance issues in North America, a global decline in new car demand, and difficulties in the Chinese market [4] Financial Performance - Full-year 2024 net profit was 5.5 billion euros, down from 18.6 billion euros in 2023, which was below analysts' expectations of 6.4 billion euros [2] - The adjusted operating income margin for 2024 is projected to be between 5.5% to 7%, a decrease from the previously anticipated "double digit" outlook [5] Market Context - Shares of Stellantis have increased over 7% year-to-date despite the earnings drop [2] - The company issued a profit warning in September, indicating lower-than-expected sales across most regions for the second half of 2024 [4]
Stellantis Delivers Full Year 2024 Results Consistent with Updated Financial Guidance; Expects Return to Profitable Growth and Positive Cash Generation in 2025
Newsfilter· 2025-02-26 07:02
Core Insights - Stellantis reported full-year 2024 results that fell short of expectations, with significant declines in net revenues and profits, but achieved strategic milestones in product development and partnerships [1][4][5] - The company anticipates a return to profitable growth and positive cash generation in 2025, with a focus on market share and financial performance improvement [2][4] Financial Performance - Net revenues for 2024 were €156.9 billion, down 17% from €189.5 billion in 2023 [3][5] - Net profit decreased by 70% to €5.5 billion from €18.6 billion in 2023 [3][5] - Adjusted operating income fell 64% to €8.6 billion, with an adjusted operating income margin of 5.5%, down from 12.8% [3][5] - Industrial free cash flows were negative €6 billion, a decline of 147% from €12.9 billion in 2023 [3][5] Strategic Initiatives - Stellantis initiated the transition to next-generation products based on new STLA multi-energy platforms, offering various powertrain options [5][6] - The company launched a partnership with Leapmotor and began production of EV batteries through joint ventures [1][5] - A total of 10 new products are planned for launch in 2025 [7] Segment Performance - North America shipments decreased to 1.432 million units, down from 1.903 million units in 2023, with net revenues dropping to €63.5 billion [12] - Enlarged Europe also saw a decline in shipments to 2.576 million units from 2.814 million units, with net revenues falling to €59 billion [12] - The Middle East & Africa segment reported a decrease in net revenues to €10.1 billion, while South America saw a slight increase in shipments to 912,000 units [13][16] Future Outlook - Stellantis expects "Positive" net revenue growth and "Mid-Single Digits" adjusted operating income margin for 2025, reflecting early-stage commercial recovery amid industry uncertainties [5][4] - The company proposed a dividend of €0.68 per share, pending shareholder approval, representing a 5% yield [10]