Management’s new strategic plan for the years through to 2021 sees revenue rising to around €69bn from €54.7bn reported for 2015. At the same time, the recurring operating margin of the Automobile division is projected to increase from last year’s 5% to 6%. However, it is expected to average only 4% during the years 2016-18, with no explanation for this setback.
According to the company’s press release, PSA will launch ‘a global product and technology offensive’. Whether ‘global’ also includes ....
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Now comes 'Push to Pass' with initially lower margins
- Published:
05 Apr 2016 -
Author:
Hans-Peter Wodniok -
Pages:
2
Management’s new strategic plan for the years through to 2021 sees revenue rising to around €69bn from €54.7bn reported for 2015. At the same time, the recurring operating margin of the Automobile division is projected to increase from last year’s 5% to 6%. However, it is expected to average only 4% during the years 2016-18, with no explanation for this setback.
According to the company’s press release, PSA will launch ‘a global product and technology offensive’. Whether ‘global’ also includes ....