PARIS, Oct 27 (Reuters) - PSA Peugeot Citroen said higher raw material prices could have a greater impact on its profits this year than the forecast 300 million euro ($363.8 million), because of a recent rise in plastic prices. "We could even be above the range because of plastics, where there are tense prices lately. But not of the kind of size of the impact of steel," Chief Financial Officer Yann Delabriere told a conference call.
Premium Content (PAID Subscription Required)
"PSA says plastics rise could inflate raw material impact" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.