Alexandre
While the Stellantis unveiled a few days ago declining figures for the first quarter of 2024With the second quarter looking no better, the share price has fallen by around 12 %. But then why investors are worried while Stellantis is still banking on double-digit profitability and favourable cash flow?
To help you understand, we have listed Stellantis sales figures by country over the last 3 years. Two countries give cause for concern, for different reasons.
First of all, it's worth noting the large share of revenues from North America88 billion euros in 2023 alone. This is no mean feat out of the Group's 189 billion. However, if we look back to 2021, the increase was close to 30 %, then there was a slight stagnation between 2022 and 2023. Now, in the first quarter of 2024, the Group announces -15 % for North America. This is a very significant drop for this continent, which accounts for almost 50 % of revenues. The second quarter promises to be just as difficult, the risk is that the Group will lose sales in 2024.
Also according to the Q1 2024 report, the Europe EMEA zone declined by -13 1TP3Q. France ranks second, followed by Italy 4th, Germany 5th and the UK 6th. And it's Italy that could worry Stellantis. Already, the country has ceded its 3rd place to Brazil in 2023, and could lose its 4th place to Germany this year. It would be embarrassing if Italy were to become only the 5th country in the group in terms of revenue. To be continued.
For other countries, as we have already seen with the Fiat 2023 figures and 2023 from Alfa RomeoTurkey and Algeria, on their own scale, are scoring well, unlike the United States.hina is falling again and again, almost -50 % over two years.
Reading these figures, it is much easier to understand Stellantis' investment priorities, in the U.S., Brazil, France, Algeria, and elsewhere. in leapmotor for China.
Very good remark to underline from Ital Passion! "C'est bien L'Italie qui pourrait inquiéter Stellantis!!!" But it's the Economists if there are any at Stellantis, and those of France's foreign trade at the highest levels!!!! Who should all be worried about this, these, reversals or rather acceleration of commercial rapprochements (all)!!! Why?
Well, all you have to do is look, read and see in some 3/4 low-cost supermarkets....... the ratio of trade in commercial products between Germany/Italy/Netherlands! The Italians are going to increase their trade..... with the Germans and PB because they have big outlets there! Which seems quite normal !!! But if I wanted to push further for their other high-tech industries, it would be, it is, the same thing. But do the economists have the right perspective? The markets are and are going to be turned upside down and we're guessing it at our levels !!!! Excuse my comments.
Merci Thank you merci a vous Tous !
"The Group announces -15 % for North America. This is a very significant drop for a country".
North America is not one country, but two.
As for the rest... it's just the result of the group's very poor management.
indeed it's a continent i'm correcting. a little mail to point out this kind of error doesn't hurt.
This is noted 😌
Have a nice Sunday!