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PSA revenue up 31 pct on Opel acquisition and sales gain
October 25, 2017 / 5:48 AM / in 2 months

PSA revenue up 31 pct on Opel acquisition and sales gain

PARIS, Oct 25 (Reuters) - French carmaker PSA Group said quarterly revenue rose by almost a third, as the Peugeot maker added Opel-Vauxhall sales numbers for the first time and increased deliveries in Europe and a rebounding Latin America.

Revenues rose 31 percent to 15 billion euros ($17.6 billion) in the third quarter from 11.4 billion a year earlier, Paris-based PSA said on Wednesday. Automotive division revenue at its existing Peugeot, Citroen and DS brands rose by a more modest 11.6 percent to 8.42 billion euros.

$1 = 0.8505 euros Reporting by Laurence Frost; Editing by Sudip Kar-Gupta

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