February 7, 2013 / 5:06 PM / in 5 years

Peugeot to report multi-billion euro write down-sources

LONDON/PARIS, Feb 7 (Reuters) - French car maker PSA Peugeot Citroen is set to announce a multi-billion euro write down on its non-performing assets, two people familiar with the situation said.

Peugeot has net tangible assets worth 14 billion euros ($18.75 billion), according to Thomson Reuters data, and is expected to write down a significant part of it on Thursday, the people said.

Peugeot declined to comment. Traders said the company had called a surprise conference call for analysts on Thursday night. ($1 = 0.7469 euros) (Reporting by Sophie Sassard and Laurence Frost; Editing by Steve Slater)

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