FCA’s passenger car shipments fell by 0.3% to 2.29m vehicles in H1 15. However, as the ASP was up by 27% to €22,934, automotive revenue increased by 27% to €52.5bn and consolidated turnover by 22% to €55.6bn. This allowed the group to increase EBIT by 74% to €2.14bn and net profit from €24m in H1 14 to €425m. All former numbers are higher than we had expected while net profit falls almost €200m short. One reason is a considerably higher than expected t
30 Jul 2015
Euro as reporting currency has helped considerably
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Euro as reporting currency has helped considerably
Stellantis N.V. (STLA:WBO) | 0 0 0.3% | Mkt Cap: 34,343m
- Published:
30 Jul 2015 -
Author:
Hans-Peter Wodniok -
Pages:
2
FCA’s passenger car shipments fell by 0.3% to 2.29m vehicles in H1 15. However, as the ASP was up by 27% to €22,934, automotive revenue increased by 27% to €52.5bn and consolidated turnover by 22% to €55.6bn. This allowed the group to increase EBIT by 74% to €2.14bn and net profit from €24m in H1 14 to €425m. All former numbers are higher than we had expected while net profit falls almost €200m short. One reason is a considerably higher than expected t