AMSTERDAM (PAESI BASSI) (ITALPRESS) – In the second half of 2025 Stellantis has found charges of approximately €22 billion following mainly a change of strategy that places the freedom of choice – with an increasing range of electric vehicles, hybrids and with advanced thermal engines – at the heart of the company’s plans. Preliminary financial results for the second half of 2025 show an improvement of net revenues and industrial free cash flow (IFCF) with the adjusted operating result (AOI) and the net result conditioned by specific items. This reorganization of Stellantis’ business resulted in cash outputs expected in around €6,5 billion over the next four years. These actions represent the continuation of the decisive transformations implemented by Stellantis in 2025, which are already producing the first tangible benefits, including the return to net volumes and revenues growing in the second half of 2025, increased orders from customers and the network and improvements in the initial quality indicators. The company started a guidance for 2026, with net revenues, AOI margin and IFCF expected to improve. In view of the net loss of 2025, dividends will not be distributed in 2026. In addition, the Board of Directors authorised the issue of non-convertible hybrid bonds up to €5 billion.
These measures will help preserve a robust asset and liquidity structure, with around €46 billion of industrial liquidity available at the end of the year. Among the most decisive organizational changes are the renewed empowerment of the teams in the regions, which can thus make decisions based on their direct knowledge of the preferences of the customers they address. The company has also taken significant steps to create a more cost efficient supply chain, in support of the long-term development of Stellantis electrification programs. The important product initiatives launched in 2025, and which will continue in 2026, together with a rigorous allocation of the capital to support them, reflect the determination of the new team to lead a profitable growth. The effectiveness of these initial measures is demonstrated by Stellantis’ return to a positive volume growth. In the second half of 2025 the volume of consolidated deliveries of 2.8 million units increased by 277 thousand units, or +11% compared to the same period of the previous year. The new level of focusing, the adoption of more effective methods and the strengthening of the engineering staff dedicated to quality management are highlighting the first encouraging results. Taking into account the net loss of 2025, the Company will not distribute dividends in 2026.
In addition, the Board of Directors of Stellantis authorised the issue of perpetual subordinate bonds not convertible, up to a maximum amount of €5 billion. These measures will help preserve a robust asset structure and liquidity, while the Company is at work to bring the business back to a generation of positive industrial free cash flow. The available industrial liquidity closes 2025 to approximately €46 billion, corresponding to a ratio of 30% on net revenues of the year, that is the highest level of the target range of 25-30% defined by the Company.
FILOSA “VERSO AUMENTO ORDINI E RITORNO ALLA CRESCITA DEI RICAVI”
Stellantis today announced that, as part of the reorganization of its business and while preparing to communicate the new strategic plan in May of this year, he conducted an in-depth evaluation of his strategy and the related costs necessary to reposition the Company according to the actual preferences of his customers. Over the past five years Stellantis has become a leader in electric vehicles and will continue to be cutting edge in their development. This path will continue at a rate dictated by demand and not by taxation. Stellantis is committed to being a point of reference for freedom of choice, including those customers who, for lifestyle and job needs, can find in the growing range of hybrid vehicles and with advanced thermal engines of the Company, the right solution for them. Stellantis CEO, Antonio Filosa, commented: “The reorganization we announced today is part of the decisive path launched in 2025, to return, once again, to place customers and their preferences as a point of reference of each of our decisions. The charges announced today largely reflect the cost resulting from an overestimation of the pace of energy transition, which has driven us away from the needs, possibilities and real wishes of many car buyers. They also reflect the impact of the previous criticalities, which our new team is gradually managing – he added. We have examined every corner of our business and are implementing the necessary changes, mobilizing all the passion and ingenuity we have in Stellantis. The positive response of customers to our product initiatives in 2025 resulted in an increase in orders and a return to revenue growth. In 2026, our unwavering attention will be directed to bridge the gaps of execution of the past, so as to give further impetus to the first signs of renewed growth. We look forward to sharing all the details of our new strategy during the 21st of May. ”
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(ITALPRESS).
