Stellantis N.V. (STLA) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Ladies and gentlemen, welcome to the Stellantis first quarter 2025 shipments and revenues call. I will now hand you over to your host, Mr. Ed Dittmeier, Head of Investors Relations at Stellantis. Mr. Dittmeier, please go ahead. Hello, everyone, and thank you for joining us today as we review Stellantis' Q1 2025 shipments and revenue update. Earlier today, the presentation for this call, along with the related press releases, were posted under the investor section of the Stellantis website. Our call is hosted today by Doug Osterman, Chief Financial Officer at Stellantis, and after prepared remarks, he will be available to answer questions from the analysts. Before he begins, I want to point out that any forward-looking statements we might make during today's call are subject to the risks and uncertainties mentioned in the Safe Harbor Statement included in page two of today's presentation. As customary, the call will be governed by that language. Now I'll hand the call over to Doug. Thank you, Ed, and hello to everyone. Thank you for joining the call today. The theme at the top of the page is focused on execution, which I think is a way of saying that we're focused on things that we can control amidst what is a very turbulent backdrop. There are three important topics we want to cover today. First is the top line performance in Q1 in terms of revenue and shipments. which was difficult and not where we want to be. At the same time, we are seeing important progress resulting from our commercial recovery actions. Second, we're executing well on the start of our 2025 new product wave, filling in product gaps and expanding our opportunities. And third, I'll discuss how the company is positioned vis-a-vis the tariff dynamic and the management team's focus on reducing these i...