Stellantis Expects Revenue Recovery and Positive Cash Flow by 2025 After a Tough 2024

Reported about 16 hours ago

Stellantis intends to achieve revenue growth and positive cash flow in 2025, following a challenging 2024 that significantly impacted its U.S. operations and share price. The automaker recorded a steep decline in adjusted earnings before interest and taxes (EBIT) in the latter half of 2024, dropping to 185 million euros from 10.2 billion euros the previous year. The full-year adjusted EBIT margin fell to 5.5%, prompting the company to propose a dividend of 0.68 euros per share for 2024.

Source: YAHOO

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