MILAN, Feb 26 (Reuters) - Automaker Stellantis said on Wednesday it would return to revenue growth and positive cash generation in 2025 as it scrambles to recover from a crisis which engulfed its U.S. business late last year and knocked its share price.
In the second half of 2024, the company said that its adjusted earnings before interest and taxes $(EBIT)$ were almost erased, to 185 million euros ($194 million), from 10.2 billion euros in the same period of 2023.
That brought full-year adjusted EBIT margin down to 5.5%, at the bottom of the guidance given in September after a shock profit warning, which later led to the ousting of CEO Carlos Tavares, in charge since Stellantis was created in 2021.
On Wednesday, the automaker proposed to pay investors a 0.68 euro per share dividend on 2024 results.
($1 = 0.9535 euros)
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。