In a difficult moment such as the current one, duties that affect, macroeconomic uncertainties and loss of competitiveness, Stellantis sees the light at the bottom of the tunnel, so as to announce a Restore of the Guidance 2025suspended last spring, and to look at the second half of the year with more optimism.
“The first weeks as CEO reconfirmed my firm conviction that we will solve what does not work in Stellantis, capitalizing on everything that works instead,” says number one Antonio Filosaadding “2025 is proving to be a year characterized by difficulties, but also by gradual improvements. Comparing the first semester of 2025 with the second half of 2024, the signals of progress are evident”.
Semester results in contraction
As anticipated a few days ago, Stellantis closed the first semester with Net revenues for 74.3 billion Euro, down 13% compared to the first half of 2024.
There net loss of 2.3 billion Euro discounts 3.3 billion of net charges, resulting in a clear worsening compared to the first half of 2024, which had recorded a profit of 5.6 billion. The rectified operational profit is equal to 0.5 billion euros, with a margin of 0.7%, below the levels of the previous year of 8.5 billion euros respectively and 10%respectively.
Net industrial cash flows negative for 3 billion euros. The total industrial liquidity available at 30 June 2025 was equal to 47.2 billion euros, higher than the target ratio set up compared to net revenues.
The first semester of 2025 – stresses Stellantis – saw a sequential improvement in deliveriesin net revenues, in the Adjusted operating profit and in the industrial cash flows compared to the second half of 2024, benefiting from an expanded product range, revitalized marketing and a strong discipline on stocks.
The impact of customs rates
Stellantis updates its estimates of‘tariff impact net of 2025 to approx 1.5 billion eurosof which 0.3 billion euros recorded in the first half of 2025. The company – underlines a note – maintains a strong and constant dialogue with reference legislators, at the same time carrying out a planning of long -term scenarios.
The Guidance 2025 restored
Like other big cars of the car, Stellantis had suspended the Guidance for the current year Last spring, taking into account also the uncertainties relating to the size of the duties. But downstream of the agreement reached between the USA and the EU last weekend, the group restored the guidance for the second half of 2025.
We expect for the second half of the year a Increase in revenues net, a profitability at the level of Adjusted operating profit “in the lower part to a single figure“And flow of industrial cash flows improvement. These guidelines – are specified – are based on the tariff/commercial standards in place on 29 July 2025.
Title down on the stock exchange
Although the semester number had been largely anticipated, the Stellantis shares are today the worst in the FTSE MIB, highlighting a loss of almost 2% to 8.106 euros.
