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World markets  |  February 13, 2013 09:08:51

Peugeot-Citroen sales in 2012 decreased by 5%, 5 čistrá loss mld.EUR

Peugeot-Citroen today announced results for the year 2012. Sales decreased by 5% to EUR 55.4 billion, primarily due to the continued decline in the European market, and the company posted an operating loss of 576 million euros. It was a sharp drop in operating profit of 1.09 billion in 2011, but the loss was less than the expected 647 million euros. Net loss amounted to 5 billion, mainly due to the depreciation of assets at nehotovostnímu 3.9 billion, notified last week. Peugeot key problem is a negative operating cash flow, which last year amounted to 250 million euros a month.The company wants to reduce the outflow in half this year and get to zero in 2014. Company remaining 7.3 billion cash. Management expects that sales of cars in the EU this year will fall by a further 3-5%

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Tržby Peugeot-Citroen za rok 2012 poklesly o 5%, čistrá ztráta 5 mld.EUR

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