
Stellantis beats forecasts with 14.4% margin in H1 2023
Stellantis posted better-than-expected earnings in the first half as supply-chain problems eased and higher shipments helped to lift profits. The automaker’s first-half margin on adjusted EBIT slipped to 14.4 percent from 14.5 percent a year earlier, beating the 12.2 percent predicted by analysts. Adjusted earnings before interest and tax (EBIT) were 14.1 billion euros ($15.6…