Stellantis CEO Antonio Filosa maintains the forecast for this year of mid-single-digit percentage revenue growth and a low-single-digit adjusted operating margin.
The target is positive free cash flow in 2027 and more than 3 billion euros in 2028.
The announcement comes after the US-listed stock hit a new record low of 4.43 dollars and lost nearly 60 percent this year.
The company is implementing a transformation plan worth around 70 billion dollars.