- Stellantis N V
- 29 July 2025 10:04:04
Source: Sharecast
The Peugeot, Opel, Dodge and Maserati owner, which disclosed top and bottom-line figures for its interim results in a trading update last week, reinstated its financial guidance for the full year, having suspended forecasts in April amid uncertainty regarding Donald Trump's trade war.
Stellantis now expects to see increased net revenues for the second half, along with low-single-digit growth in adjusted operating income and improved industrial free cash flow.
This guidance "assumes current tariff/trade rules in place as of July 29, 2025", the company said, following the trade deal struck between EU and US officials at the weekend, which put in place 15% tariffs on all EU imports into America – half the rate threatened by Trump.
Stellantis, however, is still exposed to higher tariff rates due to its manufacturing operations in Mexico and Canada (which both have been slapped with 25% tariffs).
2025 is turning out to be a tough year, but also one of gradual improvement. Signs of progress are evident when comparing H1 2025 to H2 2024, in the form of improved volumes, Net revenues, and AOI, despite intensifying external headwinds," said chief executive Antonio Filosa, who joined the company just last month.
"Our new leadership team, while realistic about the challenges, will continue making the tough decisions needed to re-establish profitable growth and significantly improved results.”
Net revenues in the first half of 2025 were down 13% year-on-year at €74.3bn, due to declines in North America and Europe. The company booked a net loss of €2.3bn for the half, compared with a profit of €5.6bn a year earlier.
Meanwhile, industrial free cash flows were -€3.0bn due to capital expenditure and R&D costs during the half.
Milan-listed shares of the company, which is also listed on Wall Street, were down 2.5% at €8.07 by 1102 CEST.