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Stellantis reports 14% drop in H1 2024 revenue and 40% decline in adjusted operating income

On July 25, Stellantis N.V. announced its financial result for first half of 2024 (H1 2024). Net revenue decreased by 14% YoY to EUR 85.0 billion. Adjusted operating income dropped by 40% YoY to EUR 8.5 billion. The financial decline was mainly due to lower volumes, inventory reductions, production gaps from a portfo....

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