Key facts
- Stellantis operating income more than tripled in Q2.
- Stellantis Q2 operating income reached €773 million.
- Stellantis North American revenue increased by 32% in Q2.
- Stellantis reaffirmed its full-year financial guidance.
- L'Oreal reported quarterly sales of €11.6 billion.
- L'Oreal's quarterly sales rose by 6.3%.
- L'Oreal experienced strong demand for hair products and mascaras.
- Magnum Ice Cream reported first-half adjusted earnings of €880 million.
- Magnum Ice Cream surpassed market expectations of €843 million for H1.
- Magnum Ice Cream cited cost reductions and corporate transformation for its performance.
Stellantis announced a substantial increase in its second-quarter operating income, which more than tripled to reach €773 million. This impressive growth was primarily fueled by a 32% rise in revenue from its North American operations. Despite the strong quarterly performance, the automaker reaffirmed its previously issued full-year financial guidance, indicating confidence in its ongoing financial trajectory.
In parallel, L'Oreal reported a 6.3% increase in quarterly sales, bringing its total to €11.6 billion. This figure surpassed analyst expectations and was largely driven by strong consumer demand for its newly launched hair products and mascaras. The company noted particular strength in the European market and highlighted a notable outperformance in its online sales channels.
Separately, Magnum Ice Cream delivered first-half adjusted earnings of €880 million, exceeding market expectations of €843 million. The company attributed this positive financial outcome to successful cost reduction initiatives and its ongoing corporate transformation efforts, which have been underway since its spin-off from Unilever.