Stellantis closed its first year with a terrific performance, beating expectations by a good margin and showing encouraging progress on the goals set out before the merger. North America remained the group’s main cash cow, although strong improvements were seen across all regions, particularly Europe and South America. Despite ongoing chip and raw material woes, Stellantis is looking at another double-digit margin result in 2022, putting in evidence the unwarranted undervaluation versus its peer ....
24 Feb 2022
FY21: formidable results ahead of major strategic plan
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FY21: formidable results ahead of major strategic plan
Stellantis closed its first year with a terrific performance, beating expectations by a good margin and showing encouraging progress on the goals set out before the merger. North America remained the group’s main cash cow, although strong improvements were seen across all regions, particularly Europe and South America. Despite ongoing chip and raw material woes, Stellantis is looking at another double-digit margin result in 2022, putting in evidence the unwarranted undervaluation versus its peer ....