Stellantis Sees H2 Net Loss In Range Of EUR 19-21 BLN, No Dividends In 2026

Feb 6 (Reuters) - Stellantis NV STLAM.MI:

• SEES FOR H2 2025 AOI NEGATIVE IN RANGE OF EUR 1.2-1.5 BILLION

• H2 2025 CHARGES OF APPROXIMATELY EUR 22 BILLION PRIMARILY REFLECT STRATEGIC SHIFT TO PUT FREEDOM OF CHOICE – FROM A GROWING RANGE OF EVS, HYBRIDS AND ADVANCED INTERNAL COMBUSTION ENGINES – AT THE HEART OF THE COMPANY’S PLANS

• PRELIMINARY FINANCIAL RESULTS DISCLOSED FOR H2 2025; IMPROVED NET REVENUES AND INDUSTRIAL FREE CASH FLOW (IFCF). ADJUSTED OPERATING INCOME (AOI) & NET INCOME IMPACTED BY SPECIFIC ITEMS

• IN VIEW OF THE NET LOSS IN 2025, NO DIVIDENDS WILL BE DISTRIBUTED IN 2026

• 2026 GUIDANCE INITIATED, PROJECTING IMPROVEMENT IN NET REVENUES, AOI MARGIN AND IFCF

• BOARD OF DIRECTORS AUTHORIZED THE ISSUANCE OF PERPETUAL NON-CONVERTIBLE SUBORDINATED HYBRID NOTES UP TO €5 BILLION

• FINANCIAL RESULTS FOR 2025 FINANCIAL YEAR WILL BE PUBLISHED AS PLANNED ON FEBRUARY 26

• SEES FOR H2 2025 NET REVENUES IN RANGE OF EUR 78-80 BILLION

• SEES FOR H2 2025 NET LOSS IN RANGE OF EUR 19-21 BILLION

• SEES H2 INDUSTRIAL FREE CASH FLOWS NEGATIVE IN RANGE OF EUR 1.4-1.6 BILLION

• SEES 2026 AOI MARGIN IN LOW SINGLE DIGIT, INCLUDES PROJECTED EUR 1.6 BILLION IN NET TARIFF EXPENSES

• SEES 2026 NET REVENUES MID-SINGLE DIGIT % INCREASE