France: PSA cautions on H2 cost trends

PSA Peugeot Citroen has reported revenue growth of 9.7% in the first half of 2011, but margins came under pressure, especially in the company's key Automotive Division, where recurring operating income declined 22.9% year-on-year. This decline was driven by costs associated with events in Japan (€147m (US$212.6m)) and the impact Subscribe to Automotive World to … Continued

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• July 27, 2011