Stuart Pearson's questions to Stellantis NV (STLA) leadership • Q2 2025
Question
Stuart Pearson from Exane BNP Paribas asked for a diagnosis of why Stellantis's profitability fell from benchmark levels to near loss-making in key regions. He also questioned the significant restructuring charges and requested separate financial disclosures for the industrial and financing businesses.
Answer
CEO Antonio Filosa attributed the performance decline primarily to past decisions to discontinue seven popular nameplates in North America, a move that is now being reversed. CFO Doug Ostermann explained that a majority of the H1 restructuring charges reflect strategic shifts by the new management team, such as exiting fuel cell initiatives, and noted more could occur. He acknowledged the request for separate Finco reporting, stating it's under regular review.