[US Stock Movement] Stellantis surged on October 28: Narrowed losses in the third quarter, revenue growth, and reaffirmed guidance

Stellantis October 28th Surge Interpretation

Keywords: narrowed third-quarter loss, revenue growth, reaffirmed guidance

1. On October 28th, Stellantis announced its results for the third quarter of 2026: net revenue was 37.6 billion euros, a year-on-year increase of 1%; net loss was approximately 500 million euros, a 90% improvement compared to the previous year; adjusted operating profit was about 300 million euros, with a profit margin of 0.7%, up by 50 basis points year-on-year.

2. On October 28th, the company’s third-quarter industrial free cash flow improved by about 300 million euros year-on-year to negative 4 billion euros; end-of-period available industrial liquidity was 42.7 billion euros, equivalent to 26% of the company’s net revenue for the past 12 months, within the company’s target range of 25% to 30%.

3. On October 28th, the company reaffirmed its 2026 guidance, including single-digit net revenue growth and a low single-digit adjusted operating profit margin, and expected positive industrial free cash flow for 2027; the company stated that its value creation plan is accelerating, aiming to achieve at least 40% of the targeted 6 billion euros in annual efficiency improvements by the end of the year.

(Disclaimer: This content is generated by AI technology based on publicly available information and is for reference only. It does not constitute investment advice.)