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PSA increases net profit to EUR 2.1 billion in 2016
PSA Group posted a full-year net profit of EUR 2.1 billion in 2016.
Completing its reconstruction plan ahead of schedule, the automaker improved its operating margin of 6% in 2016 from 5% in 2015.
Revenue decreased 1.2% to EUR 54.0 billion; recurring operating income increased 18.4% to EUR 3.24 billion in 2016.
Rev....
Completing its reconstruction plan ahead of schedule, the automaker improved its operating margin of 6% in 2016 from 5% in 2015.
Revenue decreased 1.2% to EUR 54.0 billion; recurring operating income increased 18.4% to EUR 3.24 billion in 2016.
Rev....
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