(Il Sole 24 Ore Radiocor). Stellantis weak in Piazza Affari. In a session that was not very moving for the Milan stock exchange, the shares of the auto company, albeit with slight declines, are among the worst in the Ftse Mib.
As reported by Il Sole 24 Ore, which cites trade union sources, after Pomigliano and Sevel di Atessa,. This is the worst crisis so far linked to the shortage of electronic components along the supply chain registered by the group’s Italian production plants. «We estimate that this interruption in Melfi could account for over 20,000 units in the third quarter, equal to over 1% of the quarterly sales of the entire group. We do not exclude that other plants of the group, even outside Italy, are exposed to the same risk, causing weaker than expected third quarter results “, write the Equita analysts, who in any case remember that this is a phenomenon that invests the entire automotive sector globally. The same problem occurred in the second quarter, but was offset by a better than expected price and mix effect. «We do not exclude that this could happen again in the second half of the year, but the visibility on the third quarter is inevitably reduced. The low level of car stocks in the entire supply chain is however an element that allows a cautious optimism on the recovery of production activity as soon as the supply problems are resolved ”, underline the experts.
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