FCA’s press release shows a 1% delivery fall to 1.08m vehicles, whereas consolidated revenue increased by 4.3% to €27.7bn. This release (i.e. the interim report is not yet out) shows EBIT of €1.5bn, which is 15% higher than in Q1 16 and net earnings of €641m (+34%). At a glance, these numbers are higher than we had expected.
26 Apr 2017
Deliveries down but revenue and profits up in Q1
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Deliveries down but revenue and profits up in Q1
Stellantis N.V. (STLA:WBO) | 0 0 0.3% | Mkt Cap: 34,343m
- Published:
26 Apr 2017 -
Author:
Hans-Peter Wodniok -
Pages:
2
FCA’s press release shows a 1% delivery fall to 1.08m vehicles, whereas consolidated revenue increased by 4.3% to €27.7bn. This release (i.e. the interim report is not yet out) shows EBIT of €1.5bn, which is 15% higher than in Q1 16 and net earnings of €641m (+34%). At a glance, these numbers are higher than we had expected.