Stellantis Shares Jumped over 5% in Premarket Trading

Tiger Newspress2022-02-23

Stellantis Shares Jumped over 5% in Premarket Trading.

Stellantis said the margin on its adjusted operating profit climbed to 11.8% in its debut year, above its target of around 10%, thanks to strong execution on synergies, which generated around 3.2 billion euros ($3.6 billion) in net cash benefits.

Stellantis Employees Benefit from Company's 2021 First Full Year Financial Results

  • In all countries where Stellantis is present, employees1benefit from the Company’s results in first year
  • €1.9 billion redistributed, €770 million more than the cumulative amount redistributed last year by each of the previous legacy companies, representing70% increase
  • Company compensation and benefit policy aims to enhance employee commitment through a “pay for performance” approach in a challenging context (pandemic, semi-conductor shortage, etc.)
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