Stellantis NV

STLA: XNYS (USA)
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Stellantis Earnings: North America Profitability Disappoints on Strong Volume Increase

Stellantis recorded revenue growth of 13% in the second quarter, led by a strong volume recovery in North America. Adjusted operating income margin was 1.8% in the second quarter, up year over year but weaker sequentially. The lack of operational leverage in North America disappoints.

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