PSA Profit Jumps 32% as French Carmaker Downplays Brexit

Updated on
  • Brexit is opportunity to ‘demonstrate agility,’ CFO says
  • PSA first-half automotive recurring profit margin was 6.8%

PSA: Brexit Not a Top Concern, China Profit Will Improve

PSA Group’s first-half earnings jumped 32 percent as Europe’s second-biggest carmaker promised cost cuts will keep its turnaround on track and downplayed the future impact of Brexit on its home market.

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