Stellantis posts 20 bln euro net loss in second half of 2025 after EV writedowns
MILAN, Feb 26 (Reuters) - Stellantis STLAM.MI said on Thursday it posted a net loss of 20.1 billion euros ($23.8 billion) in the second half of 2025, after announcing earlier this month 22.2 billion euros of charges in the period as it scaled back its electric-vehicle ambitions.
The Jeep-to-Peugeot maker, whose July-December net revenues rose 10% year-on-year, said it had booked 25.4 billion euros in writedowns last year. This led to 2025 results "reflecting the cost of over-estimating the pace of the energy transition," Chief Executive Antonio Filosa said in a statement.
The company on Thursday reiterated its 2026 forecasts, including a mid-single-digit percentage increase in net revenues and a low-singe-digit adjusted operating margin.
($1 = 0.8462 euros)
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