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Stellantis Earnings Top GM, Ford, and Even Tesla. The Stock Is Rising.

Por: MarketWatch Business February 22, 2023

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Netherlands-based Stellantis reports half-year results, like many other European companies. For the full year, Stellantis generated about $24.4 billion in operating profit, up from about $19 billion generated in 2021, it said Wednesday. Operating profit margins came in at 13%, up about 1 percentage point compared with 2021. Those are impressive numbers. (F) $10.4 billion in 2022 operating profit for a margin of 6.6%. Margins fell almost 1... + full article



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