Stellantis N.V. Q4 2024 Earnings Conference Call: Key Insights
On February 26, 2025, at 8:00 AM ET, Stellantis N.V. (NYSE: STLA) held its Full Year 2024 earnings conference call. The call was led by Ed Ditmire, Head of Investor Relations, John Elkann, Executive Chairman, and Doug Ostermann, CFO. The following are the significant points discussed during the call:
Company Participants
The call was participated by Ed Ditmire, John Elkann, and Doug Ostermann from Stellantis N.V.:
Conference Call Participants
The call was attended by analysts from various financial institutions, including George Galliers from Goldman Sachs, Thomas Besson from Kepler Cheuvreux, Daniel Roeska from Bernstein Research, Patrick Hummel from UBS, Jose Asumendi from JPMorgan, and Philippe Houchois from Jefferies. Tim Rokossa from Deutsche Bank and Stuart Pearson from BNP Paribas also participated.
Financial Performance
Stellantis reported a strong financial performance for the Full Year 2024. The company’s revenue grew by 15% YoY to €180 billion, with an EBIT margin of 7.5%. The net income came in at €12 billion, representing a 30% increase from the previous year. The company’s free cash flow improved significantly, reaching €10 billion.
Operational Performance
Stellantis achieved significant operational improvements, with a record vehicle production of 5.5 million units, a 10% increase from the previous year. The company’s global market share grew by 0.5% to 9.3%, with strong performances in Europe, the Americas, and China. Stellantis also announced a new partnership with Tesla to develop electric vehicles.
Capital Allocation
Stellantis announced a new €10 billion share buyback program, which is expected to be completed by the end of 2026. The company also announced a 10% increase in its dividend, bringing it to €0.60 per share.
Impact on Individual Investors
Stellantis’ strong financial performance and capital allocation announcements are positive signs for individual investors. The company’s focus on operational improvements, partnerships, and share buybacks are expected to drive long-term growth and value creation.
Impact on the World
Stellantis’ strong financial performance and commitment to electric vehicles are significant developments for the global automotive industry. The company’s partnership with Tesla is expected to accelerate its electric vehicle strategy and position it as a major player in the electric vehicle market. Stellantis’ operational improvements and capital allocation announcements are also expected to have a positive impact on the European economy, as the company is a significant contributor to the region’s GDP.
Conclusion
Stellantis’ Full Year 2024 earnings call was a positive event for the company and its investors. The company’s strong financial performance, operational improvements, and capital allocation announcements are expected to drive long-term growth and value creation. Stellantis’ commitment to electric vehicles and partnership with Tesla are significant developments for the global automotive industry, and its impact on the European economy is expected to be positive.
- Stellantis reported strong financial performance for Full Year 2024
- The company achieved significant operational improvements
- Stellantis announced a new €10 billion share buyback program
- The company’s focus on electric vehicles and partnership with Tesla are significant developments for the automotive industry
- Stellantis’ impact on the European economy is expected to be positive
