The superprofits do not only concern energy companies. Stellantis published record results for the year 2022, with a net profit of 16.8 billion euros and a current operating profit of 23.3 billion euros. THE Price increases more than offset a decline in the number of vehicles sold, particularly in Europe.
According to a press release from the group, all regions are growing and posting record profitability. THE ” third engine composed of the Middle East and Africa, South America, and China, India and Asia-Pacific regions, increased its net sales by 34% over the prior year and more than doubled its contribution to current operating income to 3.8 billion euros for 2022, “clearly progressing towards its objective of contributing 25% to the company’s overall net sales by 2030”.
In ” on track to meet the commitments of its strategic plan »
Stellantis stresses that it is on track to meet the commitments of its Dare Forward 2030 Strategic Plan, which is built around three fundamental pillars to enable the company to achieve its financial objectives: to double its net turnover to 300 billion euros by 2030 (compared to 2021), while maintaining a double-digit trading operating profit margin throughout the decade.
Achieve carbon neutrality by 2038
Stellantis also aims to achieve carbon neutrality by 2038, with a halving by 2030 compared to 2021. In 2022, the company emphasizes having reduced the carbon footprint of its industrial and real estate sites by 11%.
Furthermore, as part of its efforts to become number 1 in customer satisfaction, Stellantis “ has reduced the number of defects on its vehicles by nearly 30% three months following delivery to the end customer ». Et « 100% of the company’s key HR processes have been aligned with its commitments to diversity and inclusion, and 27% of leadership positions are now held by women, with a target of 30% by 2025 ».
Rely on 47 electric models by 2024
Finally, the portfolio of battery-powered cars (BEVs) is expected to more than double to 47 electric models by the end of 2024, with the objective of exceeding 75 BEVs available and 5 million BEVs sold worldwide by 2030.
The Jeep brand notably unveiled the first phase of its electric offensive with the launch of the Jeep Avenger, the very first 100% electric SUV Jeep voted “ European Car of the Year 2023 “. It also introduced the 100% electric Jeep Recon and Wagoneer “S”, two models designed for the North American market and other major international markets. The Ram brand also distinguished itself with the presentation in early January 2023 of its long-awaited new 100% electric Ram 1500 REV, the production version of which will be available in the last quarter of 2024.
« In addition to our record results and the rigorous implementation of our Dare Forward 2030 Strategic Plan, we have also demonstrated the effectiveness of our electrification strategy in Europe. “, comments Carlos Tavares, the boss. ” We now have the technology, products, raw materials and complete battery ecosystem to drive this same transformation in North America, with our first all-electric Ram vehicles in 2023 and Jeep in 2024 “, he specified.
Locations chosen for confirmed gigafactories
The company has confirmed the locations chosen for its five gigafactories (three in Europe and two in North America), with Automotive Cells Company, Samsung SDI and LG Energy Solution. Stellantis continues to focus on vertical commodity integration: separate agreements have been signed with Vulcan Energy, Controlled Thermal Resources, Alliance Nickel Limited (formerly GME Resources Limited), Element 25 and Terrafame.
For 2023, the group expects automotive markets to rebound slightly (+5% in Europe and North America). It is still aiming for a double-digit operating margin, having reached 13% of revenue in 2022. In the long term, Stellantis is targeting 300 billion euros in revenue by 2030.
The group will redistribute 2 billion euros to all its employees, the other record amount
Stellantis will distribute a record amount of 2 billion euros this year to all its employees, ” in recognition of the performance of employees around the world “. French employees will receive a minimum of €4,300, corresponding to 2.4 months of salary for the first levels of remuneration under the profit-sharing agreement signed by 80% of the representative trade unions of Stellantis », indicates Carlos Tavares, CEO of Stellantis. « These €4,300 come in addition to a bonus of €1,000 and a salary increase of 5.3%, resulting from an agreement signed by 60% of the representative trade unions. All of the wage measures implemented in France have been made possible thanks to the quality of the ongoing dialogue with our social partners ».
