Peugeot aiming to keep 2006 operating margin

Newswire

PARIS, May 24 (Reuters) - French car maker PSA Peugeot Citroen aims to maintain its operating margin this year, its chairman said at a shareholder meeting on Wednesday, amid a continued rise in raw material prices. Last month France's second largest carmaker confirmed its forecast that its operating margin for the first half 2006 would be similar to that of the second half 2005 when it was 2.8 percent. PSA Chairman Thierry Peugeot said the group would launch new models and continue to ...

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