Management’s goal of increasing its presence in China has certainly not worked in the last quarter. Regional shipments, revenue and earnings were all down. On the other hand, as FCA’s reporting currency is the euro, the absolute revenue and profit contributions from Nafta (the group’s single largest activity) have suffered from dollar weakness.
26 Apr 2018
Good Q1 volume and revenue numbers, but profit below our expectations
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Good Q1 volume and revenue numbers, but profit below our expectations
Stellantis N.V. (STLA:WBO) | 0 0 0.3% | Mkt Cap: 34,343m
- Published:
26 Apr 2018 -
Author:
Hans-Peter Wodniok -
Pages:
3
Management’s goal of increasing its presence in China has certainly not worked in the last quarter. Regional shipments, revenue and earnings were all down. On the other hand, as FCA’s reporting currency is the euro, the absolute revenue and profit contributions from Nafta (the group’s single largest activity) have suffered from dollar weakness.