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Peugeot Q3 sales up 12 pct, lifted by car sales; confirms H2 margin guidance


Published : Thu, 25 Oct 2007 17:04
By : Agencies
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PARIS (Thomson Financial) - Peugeot SA said its third-quarter sales rose 11.9 pct year-on-year, supported by strong car sales, and confirmed its guidance for a second-half operating margin of above 2 pct.

The group's third-quarter sales increased to 14.024 bln eur from 12.538 bln a year earlier.

Among brokers, Morgan Stanley had forecast total sales of 12.926 bln eur and

Exane BNP Paribas had predicted 13.033 bln eur.

Peugeot said quarterly new-car sales rose 14.4 pct, citing a combination of higher volumes, pricing and product mix.

tfn.paris@thomson.com

gt/wj

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Copyright Thomson Financial News Limited 2007. All rights reserved.

The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.

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