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Groupe PSA revenue €25,120 million

Christian Fernsby ▼ | July 28, 2020
Groupe PSA revenue amounted to €25,120 million in H1 2020, down by 34.5% compared to H1 2019.
Groupe PSA   Peugeot
Automotive division revenue amounted to €19,595 million down by 35.5% versus H1 2019, mainly driven by the negative impact of volumes and country mix (-40.5%), the decrease of sales to partners (-0.5%) and the impact of exchange rates (-0,6%) ; conversely, revenues benefited from the positive effect of product mix (+3.4%) and price (+0.4%), as well as others (+2.3%).

Topics: Groupe PSA

Group adjusted operating income amounted to €517 million, down 84.5% with Automotive adjusted operating income down 72.5% at €731 million.

This 3.7% profitability level was reached despite the sharp decline of automotive markets and thanks to a positive product mix and cost reductions.