![Stellantis on Twitter: "#FY2021 #Stellantis: A first year at full power. Record 11.8% Adjusted Operating Income Margin and ~€3.2 billion of Net Cash Synergies, both on a Pro Forma basis ➡️ https://t.co/JBQ3m29AAX Stellantis on Twitter: "#FY2021 #Stellantis: A first year at full power. Record 11.8% Adjusted Operating Income Margin and ~€3.2 billion of Net Cash Synergies, both on a Pro Forma basis ➡️ https://t.co/JBQ3m29AAX](https://pbs.twimg.com/media/FMSHtH0WUAMlOM5.jpg:large)
Stellantis on Twitter: "#FY2021 #Stellantis: A first year at full power. Record 11.8% Adjusted Operating Income Margin and ~€3.2 billion of Net Cash Synergies, both on a Pro Forma basis ➡️ https://t.co/JBQ3m29AAX
![US Managers' Use of 'Pro Forma' Adjustments to Meet Strategic Earnings Targets - Black - 2009 - Journal of Business Finance & Accounting - Wiley Online Library US Managers' Use of 'Pro Forma' Adjustments to Meet Strategic Earnings Targets - Black - 2009 - Journal of Business Finance & Accounting - Wiley Online Library](https://onlinelibrary.wiley.com/cms/asset/937867c5-9eb8-4a6d-a12b-df69b57e34c3/jbfa_2128_f4.gif)
US Managers' Use of 'Pro Forma' Adjustments to Meet Strategic Earnings Targets - Black - 2009 - Journal of Business Finance & Accounting - Wiley Online Library
![Stellantis Posts Record Results in its First Year with 11.8% AOI Margin(1)(2) and €13.4 Billion Net Profit(1), on a Pro Forma basis | Corporate Communications | Stellantis Stellantis Posts Record Results in its First Year with 11.8% AOI Margin(1)(2) and €13.4 Billion Net Profit(1), on a Pro Forma basis | Corporate Communications | Stellantis](https://www.media.stellantis.com/cache/e/3/b/d/f/e3bdfe821041111b20d1e83d9581881f0220e9da.png)