The automaker PSA reported a net profit growth of 47% in 2018


The French automaker PSA Group, following the results of 2018, reported on the growth of net profit by 47% to a historic high of 2 billion 827 million euros. Operating income of $4 billion 400 million showed an annual growth of 43%. Revenue amounted to 74 billion 27 million euros, an increase of 19%. The main reason for good financial performance was the growth of sales by 6.8% over the past year to 3,880 thousand cars. Dividend payments for 2018 increased to 78 cents per share from 53 cents per share in 2017. The company expects stable sales in the European market and their growth in Latin America, China and Russia this year.

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