FCA has not yet released final 9M17 numbers but it has given first indications. These show no consolidated shipment growth for Q3 (+0.2% to 3.49m for 9M), while revenue was down by 2% to €26.4bn in the last quarter and up by 1% to €82.1bn ytd. According to management, EBIT increased by 31% to €1.76bn in Q3 and 36% to €5.05bn ytd. The respective net profit numbers were +50% to €910m and +93% to €1.73bn. Except for the indicated operating profit numbers, which were
24 Oct 2017
Shipments down, ASPs hardly up, but profits rose in Q3
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Shipments down, ASPs hardly up, but profits rose in Q3
Stellantis N.V. (STLA:WBO) | 0 0 0.3% | Mkt Cap: 34,343m
- Published:
24 Oct 2017 -
Author:
Hans-Peter Wodniok -
Pages:
3
FCA has not yet released final 9M17 numbers but it has given first indications. These show no consolidated shipment growth for Q3 (+0.2% to 3.49m for 9M), while revenue was down by 2% to €26.4bn in the last quarter and up by 1% to €82.1bn ytd. According to management, EBIT increased by 31% to €1.76bn in Q3 and 36% to €5.05bn ytd. The respective net profit numbers were +50% to €910m and +93% to €1.73bn. Except for the indicated operating profit numbers, which were