Get all your news in one place.

100’s of premium titles.
One app.

Get all your news in one place.

100’s of premium titles. One news app.

Benzinga

Business

Shivani Kumaresan

Stellantis Registers 14% Pro Forma Revenue Growth In FY21

Stellantis STLA Asia Pacific China Europe India Middle East North America NYSE South America

Stellantis NV (NYSE:STLA) reported FY21 Pro Forma sales growth of 14% year-on-year, to €152 billion, versus €133.9 billion the previous year.
On a Pro Forma basis, North America revenue rose 15% Y/Y to €69.7 billion, South America increased 71% to €10.7 billion, Europe 5% to €59 billion, Middle East & Africa rose 9% to €5.2 billion, China and India & Asia Pacific grew 24.4% to €3.9 billion.
The adjusted operating margin expanded 490 basis points to 11.8%, and the adjusted operating income nearly doubled to €18 billion on a Pro Forma basis.
Cash flow from operating activities totaled €18.6 billion, and the pro forma industrial free cash flows totaled €6.1 billion.
Stellantis posted Pro Forma EPS from continuing operations of €4.23 for FY21.
The company held €49.6 billion in cash and equivalents as of December 31, 2021.
Outlook: Stellantis sees FY22 adjusted operating income margin to be in double-digit.
Price Action: STLA shares are trading higher by 5.05% at $19.34 on the last check Wednesday.

Sign up to read this article

Read news from 100’s of titles, curated specifically for you.

Already a member? Sign in here

Top stories on inkl right now

WFH parents causing 'unacceptable' rise in Friday school absences, says education secretary

WFH parents causing 'unacceptable' rise in Friday school absences, says education secretary

Gillian Keegan says 50,000 more pupils are absent on Fridays compared to Mondays

Evening Standard

Departing Georgia Envoy To Francehits Out At Foreign Influence Bill

Departing Georgia Envoy To Francehits Out At Foreign Influence Bill

Georgia's ambassador to France, who has resigned over a bill criticised for mirroring repressive Russian legislation, called for the draft law to be dropped on Friday.

International Business Times

Georgian envoy to France resigns over 'foreign agent' bill

Georgian envoy to France resigns over 'foreign agent' bill

Georgia's ambassador to France has resigned over his country's draft law on "foreign agents", which opponents say is inspired by Russia and threatens free speech. Gotcha Javakhishvili also warned the bill would draw the South Caucasus nation away from its path of EU integration.

Radio France Internationale

DPS has charged hundreds of migrants who rushed a border gate with rioting. A judge has thrown out the charges.

DPS has charged hundreds of migrants who rushed a border gate with rioting. A judge has thrown out the charges.

Two different groups surged through an El Paso border gate. An El Paso judge has twice thrown out the resulting criminal charges.

The Texas Tribune

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

2 skiers killed after being caught in Utah avalanche, sheriff says

2 skiers killed after being caught in Utah avalanche, sheriff says

Two skiers were killed and one was rescued after they were buried in an avalanche in the mountains outside of Salt Lake City that occurred after several days of spring snowstorms, authorities said.

Biden administration seeks to change court oversight of child migrants traveling alone

Biden administration seeks to change court oversight of child migrants traveling alone

The government has produced its own list of safeguards against mistreatment

Related Stories

Top stories on inkl right now

WFH parents causing 'unacceptable' rise in Friday school absences, says education secretary

WFH parents causing 'unacceptable' rise in Friday school absences, says education secretary

Gillian Keegan says 50,000 more pupils are absent on Fridays compared to Mondays

Evening Standard

Departing Georgia Envoy To Francehits Out At Foreign Influence Bill

Departing Georgia Envoy To Francehits Out At Foreign Influence Bill

Georgia's ambassador to France, who has resigned over a bill criticised for mirroring repressive Russian legislation, called for the draft law to be dropped on Friday.

International Business Times

Georgian envoy to France resigns over 'foreign agent' bill

Georgian envoy to France resigns over 'foreign agent' bill

Georgia's ambassador to France has resigned over his country's draft law on "foreign agents", which opponents say is inspired by Russia and threatens free speech. Gotcha Javakhishvili also warned the bill would draw the South Caucasus nation away from its path of EU integration.

Radio France Internationale

DPS has charged hundreds of migrants who rushed a border gate with rioting. A judge has thrown out the charges.

DPS has charged hundreds of migrants who rushed a border gate with rioting. A judge has thrown out the charges.

Two different groups surged through an El Paso border gate. An El Paso judge has twice thrown out the resulting criminal charges.

The Texas Tribune

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

2 skiers killed after being caught in Utah avalanche, sheriff says

2 skiers killed after being caught in Utah avalanche, sheriff says

Two skiers were killed and one was rescued after they were buried in an avalanche in the mountains outside of Salt Lake City that occurred after several days of spring snowstorms, authorities said.

Biden administration seeks to change court oversight of child migrants traveling alone

Biden administration seeks to change court oversight of child migrants traveling alone

The government has produced its own list of safeguards against mistreatment

Our Picks

I told Lenny to quit teasing my servers. / I picked Gala apples. I picked Suncrisp apples.

Elevate your regular potato salad

On the hunt for a fresh spin on potato salad? Look no further

Their batteries hurt the environment, but EVs still beat gas cars. Here's why

NPR listeners wrote to ask whether the environmental harm from building EVs "cancels out" the cars' climate benefits. Experts say the answer is clear.

The Hunt for Gollum: are Peter Jackson and Andy Serkis making a Lord of the Rings fan film?

The duo’s newly announced collaboration almost certainly means the franchise is going to cover old ground – which makes you wonder, why bother?

The Guardian - UK

95 Times Cats Made Their Owners Ask “What’s Wrong With My Cat” (New Pics)

We've collected some funny pics from the “What's Wrong With Your Cat” subreddit, showcasing kitties in full malfunction mode. The post 95 Times Cats Made Their Owners Ask “What’s Wrong With My Cat” (New Pics) first appeared on Bored Panda.

60 Mother’s Day Gifts That Drew Smiles And Chuckles (New Pics)

For all awesome moms out there, this list is for you. And if you're stumped on what to give her, here are some ideas to steal and make your own. The post 60 Mother’s Day Gifts That Drew Smiles And Chuckles (New Pics) first appeared on Bored Panda.

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.

Download on the AppStore

Get it on Google Play