Stellantis achieved record results in 2022, with net revenues increasing by 18% to €179.6 billion and net profit increasing by an impressive 26 percent to €16.8 billion. Employees will share in the profits, as the company announced today that it plans to distribute more than €2 billion in profit-sharing and variable bonuses.
It is the highest profit-sharing bonus ever offered by the company, outstripping last year’s figure by €200 million. Stellantis, which operates 16 brands globally, including Jeep, Maserati, and Peugeot, will also pay out €4.2 billion in dividends, or €1.34 per share.
Financially, the company is in good shape, with €61.3 billion in available liquidity. By the end of the year, the company plans to launch a €1.5 billion share repurchase program.
Several milestones enabled these record numbers including Stellantis being number one in EU30 commercial battery electric vehicle (BEV) sales and second in EU30 overall BEV sales . At the same time, it leads the way in plug-in hybrid sales in the United States.
Stellantis intends to launch 9 EVs in 2023, adding to the existing 23 models that do not use a combustion engine. By late 2024, the electric lineup will include 47 vehicles, with the number expected to rise to more than 75 by the end of the decade.
