After four years in trouble (no profits since 2010), and after overcoming a situation bankruptcy threat (which exceeded with the entry of public capital and a Chinese partner – DongFeng), the company initiated a plan reconstruction ‘Back to Race’ and has already surpassed “all the objectives outlined, ‘says the announcement of the company.
in 2105, attained profits” in record time “, ie before the assumed term, and sees now a new phase of “profitable growth” (whose plan will be presented to 05 April), highlights the Portuguese Carlos Tavares, chairman of the company, in the statement of income for the French car manufacturer.
the consolidated turnover It increased by 5.7% to 56.3 billion euros, with operating profit tripled to 2.7 billion and the operating margin to stand at 5% in the division ‘Automobile’. The exercise ended with a free cash flow operating (cash balances) of 3.8 billion euros, almost double what was expected to reach by 2017.
According with the company’s forecasts, the European car market is expected to grow by 2% this year, with falls of two digits in Latin America and Russia.
According to the Francophone press, quoting Carlos Tavares information on presentation of results, the group congratulated the workers and other partners in the effort of recovery and will distribute an average commitment of premium 2000 euros per worker ( ‘France’).
For its part, the French trade unions have criticized the award, suggesting that the gesture of the company is a sign that wages (frozen since March 2012) will continue without inc
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