Peugeot: improvement in results for HY 1
(CercleFinance.com) - PSA Group publishes a group share of net income of 1,481 million euros for the first six months of 2018, up 226 million year-on-year, and group recurring operating margin of 7.
8%, up 0.4 points compared to the first half of 2017.
The car manufacturer's turnover comes to 38,595 million euros, up 40.1% (+22.9% at constant exchange rates and scope), of which 11.4% of growth is attributable to the PCD automobile division (Peugeot, Citroën and DS).
“Opel Vauxhall teams start to deliver good results to build the New Opel Vauxhall and are eager to unleash further potential. Our agility and strong focus on execution remain a strong asset to reach our targets”, adds the Chairman of the Managing Board, Carlos Tavares.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
8%, up 0.4 points compared to the first half of 2017.
The car manufacturer's turnover comes to 38,595 million euros, up 40.1% (+22.9% at constant exchange rates and scope), of which 11.4% of growth is attributable to the PCD automobile division (Peugeot, Citroën and DS).
“Opel Vauxhall teams start to deliver good results to build the New Opel Vauxhall and are eager to unleash further potential. Our agility and strong focus on execution remain a strong asset to reach our targets”, adds the Chairman of the Managing Board, Carlos Tavares.
Copyright (c) 2018 CercleFinance.com. All rights reserved.