Stellantis (STLA) said Thursday it targets revenue of 190 billion euros ($220.8 billion) by 2030, versus 154 billion euros in 2025, under its 60 billion euros FaSTLAne 2030 plan.
The company also expects a cost reduction run-rate of 6 billion euros by 2028, which is set to increase further through 2030 under its Value Creation Program, according to a statement.
Shares of Stellantis were down 1.1% in Thursday trading.
Price: 7.45, Change: -0.09, Percent Change: -1.13
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.