Stellantis CFO Says We See 15-20% Of Revenue In H2 From New Models From Under 10% In H1, Even More In 2025
Portfolio Pulse from Benzinga Newsdesk
Stellantis CFO announced that the company expects 15-20% of its revenue in the second half of the year to come from new models, up from under 10% in the first half. This percentage is expected to increase even more by 2025.
June 13, 2024 | 3:08 pm
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POSITIVE IMPACT
Stellantis expects a significant increase in revenue contribution from new models in the second half of the year, with further growth anticipated by 2025.
The increase in revenue contribution from new models indicates strong product development and market acceptance, which is likely to positively impact Stellantis' stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100