•€25.1
billion Group revenue
•3.7%
Automotive division adjusted operating margin at €731 million
•Net
result group share at €595 million
•€153
million Automotive positive free cash flow excluding working capital
•Strong
financial security at €23.2 billion
Carlos
Tavares, Chairman of Groupe PSA Managing Board said: “This H1 result proves the
Group’s resilience, as a reward of 6 consecutive years of intense work to
increase our agility and lower our breakeven point. The Group is also
weathering this crisis thanks to the commitment of the teams, focused to
deliver a clean, safe and affordable mobility for our customers. We are
determined to achieve solid rebound in the second half of the year, while
finalizing the birth of Stellantis before the end of Q1 2021.”
[Read
the press release]