Stellantis NV
STLAM: XMIL (ITA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| C> | LOCK|tLd | LOCK|PHgyq&j |
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.
