Stellantis swung to profit in Q2 on rising North America demand
Stellantis posted a second-quarter net profit of 293 million euros, versus a loss of 1.87 billion euros a year earlier.
The company’s adjusted operating income more than tripled to 773 million euros in the April to June period, from 213 million euros a year earlier.
The profit was below an analyst consensus estimate of 914 million euros.
Shares of Stellantis fell 5% on the news.