Stellantis posts strong growth and sets new records in net revenues, aoi(1) and net profit in the first half of 2023

Stellantis posts strong growth and sets new records in net revenues, aoi (1) and net profit in the first half of 2023 net revenues of €98.4 billion, up 12% compared to h1 2022 primarily due to higher shipments adjusted operating income (1) of €14.1 billion, up 11% compared to h1 2022 (*) , with strong 14.4% margin net profit of €10.9 billion, up 37% compared to h1 2022 industrial free cash flows (2) of €8.7 billion, up €3.3 billion compared to h1 2022   record results enable continued strategic investments to drive a sustainable road to carbon net zero transformation global bev and lev sales up 24% y-o-y to 169 thousand units and up 28% y-o-y to 315 thousand units, respectively stellantis ranked third in eu30 overall bev sales ; second in the u.s. market for lev sales (3) the company repurchased €0.7 billion in shares in the first half of 2023, and expects to complete the announced €1.5 billion share buyback program before the end of 2023 (*) share of the profit of equity method investees is included in our operating income and adjusted operating income ( 1 ) effective january 1, 2023. comparatives for h1 2022 have been adjusted accordingly.
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