Stellantis Records 14% increase In Q1 Revenue Boosted By Higher Shipments - $STLA
Benzinga
2023-05-03
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Stellantis reported first-quarter FY23 revenue growth of 14% year-on-year to €47.2 billion.
The revenue growth was boosted by higher shipments as semiconductor supply improved.
Consolidated shipments of 1,476 thousand units increased 7% Y/Y.
Revenue in North America and Enlarged Europe rose 10% Y/Y, and Middle East & Africa jumped 55%.
The revenue growth was boosted by higher shipments as semiconductor supply improved.
Consolidated shipments of 1,476 thousand units increased 7% Y/Y.
Revenue in North America and Enlarged Europe rose 10% Y/Y, and Middle East & Africa jumped 55%.
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