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MarketScreener Homepage  >  Equities  >  Euronext Paris  >  Peugeot    UG   FR0000121501

PEUGEOT

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Peugeot : Opel CEO says Brexit is delaying investments in British plants

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09/10/2019 | 06:12am EDT
Opel presents new Opel Corsa- e electric car in Ruesselsheim

FRANKFURT (Reuters) - Peugeot will not invest in Vauxhall and Opel's British plants in Ellesmere Port and Luton while the outcome of Britain's exit from the European union remains unclear, Opel Chief Executive Michael Lohscheller said on Tuesday.

"We cannot make investment decisions without knowing what will happen," Lohscheller said.

"Brexit could disrupt supply chains in Europe as well as Britain. There are jobs and investments at stake. Everybody needs to be aware of the responsibility," Lohscheller said, adding that he wants Opel and Vauxhall to reach parent company Peugeot's level of profitability in the medium term.

Opel is getting close to reaching a 6% profit margin this year, a spokesman said.

(Reporting by Edward Taylor; Editing by Tassilo Hummel)

Stocks mentioned in the article
ChangeLast1st jan.
EURO / BRITISH POUND (EUR/GBP) 0.02% 0.8854 Delayed Quote.-0.29%
PEUGEOT 1.60% 24.06 Real-time Quote.29.04%
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Financials (EUR)
Sales 2019 74 852 M
EBIT 2019 6 061 M
Net income 2019 3 332 M
Finance 2019 8 226 M
Yield 2019 4,08%
P/E ratio 2019 6,48x
P/E ratio 2020 6,22x
EV / Sales2019 0,18x
EV / Sales2020 0,15x
Capitalization 21 531 M
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Technical analysis trends PEUGEOT
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 24
Average target price 25,16  €
Last Close Price 24,06  €
Spread / Highest target 49,6%
Spread / Average Target 4,58%
Spread / Lowest Target -29,3%
EPS Revisions
Managers
NameTitle
Carlos Tavares Chairman-Management Board
Louis René Fernand Gallois Chairman-Supervisory Board
Philippe de Rovira Chief Financial Officer
Henri Philippe Reichstul Member-Supervisory Board
Marie-Hélène Peugeot-Roncoroni Vice Chairman-Supervisory Board
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