Peugeot says sees 2005 oper margin at best stable

Newswire

PARIS, Feb 23 (Reuters) - French carmaker PSA Peugeot Citroen said on Wednesday its operating margin would at best remain stable in 2005, adding that its target of between 4 and 4.5 percent referred to calculations under new IFRS accounting standards. In 2004 Peugeot made an operating margin of 4.5 percent under IFRS accounting rules, or 3.8 percent under French standards. A PSA spokesman confirmed the group saw operating margins as at best stable in 2005, with the possibility of a ...

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