Stellantis Exec Says Co Wants To Reduce Fixed Costs Below 30%
Portfolio Pulse from Benzinga Newsdesk
Stellantis aims to reduce its fixed costs to below 30%, according to a company executive. This move is part of the company's broader strategy to improve efficiency and profitability.
June 13, 2024 | 2:49 pm
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Stellantis is targeting a reduction in fixed costs to below 30%, which could enhance the company's efficiency and profitability.
Reducing fixed costs can lead to higher profitability and operational efficiency, which is likely to be viewed positively by investors.
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