|7/25/2018 12:00 PM|
40.1% Group revenue growth at €38.6 billion
8.5% PCD Automotive division recurring operating margin
5.0% OV Automotive division recurring operating margin
7.8% Group recurring operating margin, at €3.017 billion
€3.191 billion Group operational free cash flow of which €1.157 billion for OV
Carlos Tavares, Chairman of Groupe PSA Managing Board said: « The Group demonstrates since 2014 its recurring ability to level up global profitability, efficiency and volumes, despite strong headwinds. Opel Vauxhall teams start to deliver good results to build the New Opel Vauxhall and are eager to unleash further potential. Our agility and strong focus on execution remain a strong asset to reach our targets. »
[see the press release]
 Group revenue includes OV since August, 1st 2017
 PCD (Peugeot, Citroën, DS)
 Recurring operating income related to revenue
 Sales and manufacturing companies
|7/9/2018 6:00 PM|
Excellence rewarded at Groupe PSA’s 2018 Supplier Awards
The awards are an opportunity to reaffirm the important role supplier relations have played in the success of the Push to Pass and PACE! strategic plans
16 suppliers have been rewarded for their commitment and their excellence in meeting the expectations of Groupe PSA
In 2018, Groupe PSA recognised the excellence of its suppliers’ performance in seven categories:
"Program Management Award": Aisin AW, SMP, Hutchinson Sealing and Mobis received this award in recognition of their performance in terms of the quality of deliverables, on-time delivery, cost control, project management, success of launches and technical expertise.
"Value Creation Products & Services Award": KYB Corporation and Tata Consultancy Services won this award in recognition of their ability to offer ground-breaking technical solutions and new value-creating services.
"Industrial Equipment and Service Delivery Performance Award": Orange Business Services, Mediacom and Haosen were rewarded for their performance in terms of service and quality, cost, on-time delivery and responsiveness.
"Aftermarket Performance Award" : Airtex Products SA and Freudenberg Filtration received this accolade, which honours suppliers for their exceptional performance in terms of quality, service and cost savings in the areas of multi-brand and spare parts.
"Cost Savings Award": A.Raymond, Faurecia Clean Mobility and Modine were recognised for their exceptional cost-savings performance (sales, processes, techniques, logistics, etc.) and their 2018 proposals for a cost-reduction portfolio in line with Groupe PSA targets.
"Corporate Social Responsibility Award": Plastic Omnium was rewarded for its remarkable measures based on four criteria: environmental performance, social performance, ethics, and control of the subcontracting chain. Performance was assessed by an external firm commissioned by Groupe PSA using a questionnaire based on international sustainable development standards.
"Best Supplier Plants Award"
The event is also an opportunity to praise the performance and industrial excellence of supplier plants that meet the Group’s quality requirements, from producing the vehicle to handing over the keys to the end customer.
Yann Vincent, Executive Vice-President, Manufacturing & Supply Chain, and Michelle Wen, Executive Vice-President, Global Purchasing and Supplier Quality, offered special congratulations to 16 supplier plants receiving the award for the third year in a row.
Autoliv Inc, Saint Etienne du Rouvray, France
Autoneum Holding AG, Katowice, Poland
CIE Automotive SA, Compiègne, France
CMV Aluminium Ltd, Saint Claude, France
Faurecia, O Porriño, Spain
Financiere SNOP Dunois, Nigran, Spain
Financiere Steep, Luzianky, Slovakia
Plastic Omnium, Vincios Gondomar, Spain
Silencor - Indústrias Metálicas Lda, Agueda, Portugal
Valeo, Issoire, France
Visteon Corporation, Bir El Bey, Tunisia
AP Microelectronic Gmbh, Minden, Germany
Leoni Autokabel Slowakia, Trencin, Slovakia
Bury SP Zoo, Mielec, Poland
Plasticos ABC Spain SA, Soria, Spain
Fujitsu Ten España SA, Malaga, Spain
The 2018 Special Jury Prize was awarded to GMD, a loyal partner of Groupe PSA for nearly 20 years, which distinguished itself through its operational responsiveness.
Along with these awards, Maxime Picat, Executive Vice-President, Europe, presented a European market focus and thanked the winning suppliers for their past and future commitment.
Finally, Michael Lohscheller, CEO of Opel Vauxhall, stressed the importance for each partner to improve the performance of their operations, which are a key driver for achieving Groupe PSA’s objectives.
|3/27/2018 10:00 AM|
Groupe PSA optimizes its manufacturing base in Europe
• Improving performance of powertrain plants to fulfil orders for future Opel/Vauxhall models based on PSA platforms
• Preparing manufacturing facilities for the ICE energy mix transition as well as the electrification push
• Localising automatic gearbox production to meet shifting customer demand
|3/6/2018 5:00 PM|
Historic results of Groupe PSA in 2017
Historic results of Groupe PSA in 2017: revenue, volume of sales, recurring operating
income and net result group share at a record level
· Successful execution of Push to Pass plan and first concrete results of Opel Vauxhall (OV) turnaround plan PACE!
· 15.4% increase of Group sales at 3.63 million vehicles
· 20.7% Group revenue growth at €65.2 billion
· 7.3% Peugeot Citroën DS (PCD) Automotive division recurring operating margin at a record level
· 7.1% Group recurring operating margin4 excluding OV and 6.1% including OV with a Group
recurring operating income at €3,991 million
· 11.5% increase of Net result group share
· €1.56 billion positive operational free cash flow
To read more...