PSA turnaround nets EUR 1.2 billion profit in 2015
PSA Peugeot Citroen posted a full-year net profit of EUR 1.2 billion, reversing a EUR 555 million loss in 2014.
Completing its reconstruction plan ahead of schedule, the automaker reached a 5% operating margin in 2015, surpassing their original 2% target. As revenue rose 6% to EUR 54.7 billion, recurring operating i....
Completing its reconstruction plan ahead of schedule, the automaker reached a 5% operating margin in 2015, surpassing their original 2% target. As revenue rose 6% to EUR 54.7 billion, recurring operating i....
This news is for paid members only.
If you register as a free member, you can read the rest of this article for a limited time.
In addition, you can also enjoy the following content for free:
- Market & Tech Reports
- Global automotive production/sales
- Launch schedule forecasts
- Latest news on the automotive industry
- Market share and supply information of 300 automotive parts (Who Supplies Whom)