News / Stock

Cars. Record-breaking year for FCA but investors do not believe in the stock. Alphie recommends Toyota, GM and Daimler.

Feb 8, 2019 - 15:47 UTC

On the day of presentation of the 2018 balance sheet data, FCA stock plunged 12.2% at Piazza Affari. The main reason for this decline is the 2019 Market Outlook which is penalizing the FCA stock despite the company has recently published its 2018 financial results, that the Italian-American group has defined as “record-breaking”. FCA’s 2018 financial statements show a profit of € 5 billion, a net profit of € 3.6 billion, with an increase of 3%, and an adjusted net profit of € 5.047 billion, with an increase of 34% compared to 2017. Net revenues amounted to € 115.4 billion,…

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