Story perspectives
Stellantis Reports €4B Cash Shortfall in Third Quarter
By Drooid · · How we work
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Story summary
- Stellantis reported a €4 billion cash shortfall for the third quarter.
- Adjusted operating income rose 184% to €256 million, up from €90 million a year earlier.
- Shares gained roughly 6% in Milan and rose in pre-market New York trading after the results.
- CEO Antonio Filosa said the Value Creation Program will achieve at least 40% of €6 billion efficiencies by year-end.
