Peugeot's profit tumbles by 60 percent in tough market
Article Abstract:
Peugeot S.A. of France posted a 60 percent decline in net profit for the first half to 303 million Euros ($381.1 million) from 752 million Euros last year. Revenue losses were due to higher raw materials costs, increased competition and only steady market share.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2006
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Peugeot's net profit slid 9.3% in '04
Article Abstract:
Peugeot S.A. has reported a 9.3 percent drop in profit to $1.79 billion for 2004. The French automobile maker has cited higher materials cost and price competition pressure in Europe for eating into profit margins.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2005
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