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Finwire

Finwire

Stellantis maintains guidance despite share-price plunge

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.

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