UPDATE 4-Peugeot Citroen H1 profit slides, targets cut

Newswire

(Recasts with news conference comments, DaimlerChrysler result) By Rebecca Harrison PARIS, July 24 (Reuters) - French carmaker PSA Peugeot Citroen posted a sharp slide in first-half profits on Thursday and cut key full-year forecasts due to a strong euro and shrinking demand in western Europe. Europe's second-biggest carmaker said net profit fell 12 percent to 869 million euros ($991 million) in the first half, just lagging the average forecast of 895 million from 14 analysts polled by ...

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