Stellantis' net revenues up 12% to €98.4B in H1 - Breaking The News
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Stellantis' net revenues up 12% to €98.4B in H1

EPA-EFE/ALESSANDRO DI MARCO

Stellantis N.V. said on Wednesday that its net revenues in the first half of 2023 amounted to €98.4 billion, jumping 12% compared to the same half a year earlier.

Sales of battery electric vehicles (BEVs) climbed 24% on an annual basis to 169,000 units. IFRS net profit surged 37% year on yea to €10.9 billion, while adjusted operating income rose 11% to €14.2 billion.

"Our outstanding performance in the first half of this year supports our long-term sustainability and our ability to achieve the bold ambitions of our Dare Forward 2030 plan," CEO Carlos Tavares stated. "We are well-positioned for the remainder of 2023 and beyond," he added.

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