PSA had a superb H1 16, although worldwide car shipments did not increase (-0.2% to 1.54m) and revenue was slightly lower than a year ago (€27.8bn vs. €28.0bn). In spite of this, the group’s profits skyrocketed and clearly exceeded our projections.


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- Published:
27 Jul 2016 -
Author:
Hans-Peter Wodniok -
Pages:
2 -
PSA had a superb H1 16, although worldwide car shipments did not increase (-0.2% to 1.54m) and revenue was slightly lower than a year ago (€27.8bn vs. €28.0bn). In spite of this, the group’s profits skyrocketed and clearly exceeded our projections.