"Record results prove that Stellantis is well positioned to deliver strong performance, even in the most uncertain market environments," chief executive Carlos Tavares said.
Its chief financial officer Richard Palmer told reporters that cash synergies booked last year put the group ahead of schedule to reach 80% of its €5 billion cost saving target by 2024. He added Stellantis did not have any significant direct exposure to Russia, which is being hit be international economic sanctions over Ukraine.The group, which generated an industrial free cash flow of over €6 billion last year, proposed to pay out €3.3 billion in ordinary dividends, equal to €1.05 per share.
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Conor Murray and Rory McIlroy help Whoop get on track for Irish marketing campaign | Business PostConor Murray and Rory McIlroy help Whoop get on track for Irish marketing campaign – emmetjryan reports. emmetjryan They'd want to get the orders right. Waiting 8 weeks for a band and no idea of when I will receive it
Source: businessposthq - 🏆 8. / 71 Read more »