Peugeot keeps target as H1 profit misses consensus


PARIS, July 26 (Reuters) - Europe's second-biggest car maker PSA Peugeot Citroen on Tuesday reported a drop in first-half net profit to the bottom of market forecasts, but maintained 2005 sales and margin targets despite rising raw material costs. PSA said its net attributable profit fell to 681 million euros ($821.8 million) against an average forecast by 11 analysts polled by Reuters of 781 million euros in a range of 610-869 million. The previous year's figure was restated to 858 ...

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