PSA Group – Company Information

PSA Group – Company Overview

CompanyPSA Group
HeadquartersParis, France
Chairman of managing boardCarlos Tavares
Chairman of supervisory boardLouis Gallois
TypePublic Company
Founded1976 (as PSA Peugeot Citroën)
Euronext stock symbolUG
Sales and revenue€54,676 million EUR (2016)
Operating income€1,976 million USD (2015)
Net financial expense€(642) million USD (2015)
Employees184,107 (2015)
IR contact number+33 (0)1 40 66 45 57

PSA Group makes automobiles, automotive parts, motorcycles (21%), as well as providing financing and logistics. The French automobile company Peugeot S.A. acquired a 38.2% share of Citroën in 1974.

Two years later – when Citroen became bankrupt – Peugeot increased their stake of Citroën to 89.95%. Following the acquisition the company became known as PSA Peugeot Citroën.

In 1978 PSA Peugeot Citroën acquired Chrysler Europe – replacing the Chrysler brand with the Talbot brand. In 1980 Talbot and Peugeot merged – cars were sold under the Peugeot marque.

In 1992 a joint venture was set up with Dongfeng Motors to assemble Citroën ZX models in China – in Wuhan and Xiangyang.

PSA Group – Financial Results

Key figures (in millions of EUR)2015*2014*
Sales and revenue€54,676€51,592
Recurring operating income€2,733€797
Operating income€1,976€124
Net financial expense€(642)€(960)
Total assets€49,110€61,212
Cash and cash equivalents at beginning of period€8,427€2,603
Cash and cash equivalents at end of period€10,453€893

*For the years ended December 31, 2015 and 2014

Source: “PSA Group – 2015 Annual Report”

PSA Group – Live Stock Market Data