1029 GMT - Stellantis's guidance for positive revenue growth, a mid-single digits adjusted operating margin and positive industrial free cash flow is in line with what UBS had expected, but it might be a slight disappointment to some investors, analyst Patrick Hummel writes. "The mid-single digit percent adjusted operating income margin guide leaves over 10% downside risk to consensus for 2025 and no new share buyback isn't supportive either." The 2024 adjusted operating income missed expectations by 8% on a lower-than-expected 5.5% margin, Hummel says. The 0.68 euros a share dividend is a slight positive surprise versus the 0.58 euros expected by consensus, he adds. Shares in the auto maker trade 4.2% lower at 12.93 euros. (dominic.chopping@wsj.com)
(END) Dow Jones Newswires
February 26, 2025 05:29 ET (10:29 GMT)
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