Peugeot Revenue Rises 10% on New Models, Emerging Markets

PSA Peugeot Citroen, Europe’s second-biggest automaker, posted a 10 percent first-quarter revenue gain because of new models and said Japanese supply disruptions haven’t compromised its full-year earnings targets.

Sales rose to 15.4 billion euros ($22.2 billion) from 14 billion euros a year earlier, helped by the introduction of vehicles such as the upscale Citroen DS3 minicar, Paris-based Peugeot said today in a statement. That compares with the 14.9 billion-euro average estimate of four analysts surveyed by Bloomberg.