Safran reports FY 23 earnings with adjusted revenue slightly below estimates and dividend per share higher than expected. Stellantis faces a 10% drop in operating profit in H2 due to strikes in North America, leading to disrupted output and tougher competition. The company plans a €3 billion share buyback in 2024, with margins dropping on strike disruption.
Auto giant Stellantis warned of a turbulent year ahead after its operating profit fell in the second half of 2023 when strikes caused long stoppages at its operations in North America, its profit powerhouse. Read more https://t.co/e1XAMFvIa2 https://t.co/KUSTwbY78O
Auto giant Stellantis warned of a turbulent 2024. It comes after the Jeep and Fiat maker saw operating profit fall by a tenth in the second half of 2023 https://t.co/W6j1qEvZlu https://t.co/hKvt9inq9X
Stellantis warned of a turbulent 2024 after it saw operating profit fall by a tenth in the second half of 2023. Read more https://t.co/e1XAMFvaku https://t.co/yprkz3zVB7
Stellantis warned of a turbulent upcoming year after its operating profit fell 10% in the second half of 2023 when strikes caused long stoppages at its operations in North America, its profit powerhouse https://t.co/W6j1qEvZlu https://t.co/V9XXgoAe6H
Stellantis stock pops on new buyback but automaker warns of 'turbulent' year ahead https://t.co/A8kVSUB15Q by @Pras_S
$STLA (+5.5% pre) Stellantis Buyback Drives Shares Higher as Turbulent Year Looms https://t.co/9FRf1IWRzD
Shares of automakers jump on buyback and dividend boost https://t.co/tH1n9FRNhB
Jeep, Dodge-maker Stellantis' profit slides as Detroit Three strikes bite https://t.co/Tbb91msOW8
Stellantis operating profit down 10% in H2 due to N. America strikes https://t.co/UDAVtFgwBc https://t.co/fuQgTBoA3u
Stellantis Margins Drop On Strike Disruption; Announces Buyback - BBG https://t.co/T1523orx5i
Stellantis’ returns fall after strikes disrupted output in North America and the maker of Peugeot cars faced tougher competition in Europe https://t.co/aANG4ZyQxN
Stellantis to launch $3.22 billion in buybacks after record sales https://t.co/CmVhGezn4S
⚠️ STELLANTIS OPERATING PROFIT DOWN 10% IN H2 DUE TO N. AMERICA STRIKES (Reuters) Stellantis said on Thursday its operating profit fell 10% in the second half of last year when six-week strikes at the 'Detroit Three' automakers caused long stoppages at the group's operations in… https://t.co/E0h2i34rlR
Stellantis FY 23 Earnings: - Net Income EU18.63B (est EU18.62B) - Net Rev EU189.54B (est EU189.33B) - Plans €3 Billion Share Buyback In 2024
Safran FY 23 Earnings: - Adj Rev EU23.20B (est EU23.28B) - Div/Shr EU2.20 (est EU2.04) - Sees 2024 Adj Rev About EU27.4B (est EU26.69B)