Interested in investing in the automotive sector? Take a look at our article to find out more about the French company Peugeot
The automotive sector brings together various renowned and successful companies, and PSA (Peugeot SA) is one of its key figures. The group is among the world leaders in the automotive industry.
PSA stock is among the most promising in Europe. Here’s some important information to help you assess whether it’s worth investing in.
Created in 1965, the holding company Peugeot Société Anonyme is the result of a legal transfer from Société des Automobiles Peugeot.
In 1974, PSA absorbed Citroën, which was facing bankruptcy.
In 1978, PSA bought Chrysler Europe alongside various brands such as Simca, Rootes and Barreiros.
In 2014, PSA created the DS Automobile brand, and the Peugeot family no longer had a majority shareholding with the arrival of Dongfeng Motors and the French state.
In 2017, PSA bought several brands from General Motors, such as Opel and Vauxhall.
In 2019, PSA and Chrysler merged and became the world's fourth largest automotive group.
In 2021, following a merger with FCA, the group became Stellantis.
With Stellantis, the company took its place among the world's leading car manufacturers.
The company’s main business lines include:
The group owns several brands and services, including:
The company also has several subsidiaries and joint ventures. These include:
PSA has several production sites around the world with more than 208,000 employees.
The main shareholders of the group are:
The group works with several partners to develop, manufacture and sell its products.
These include:
Being aware of the competition faced by PSA can help you analyse stock value. As PSA's main activity is the sale of vehicles, its direct competitors are large car manufacturers. These include Renault, Nissan, Ford, Fiat, Toyota and Volkswagen.
PSA managed to remain profitable in 2020 despite the global health crisis. The company achieved a turnover of 60.7 billion Euros, with a decline of 18.7% compared to the year before. This was due to the sale of 2.51 million vehicles. The net income group share is 2.17 billion Euros in 2020.
Revenues by product and service family can be broken down as follows:
The geographical breakdown of PSA's revenues is as follows: 22.8% in France, 55.9% in Europe, 6.6% in Asia-Pacific, 5.4% in North America, 4.5% in Latin America, 4% in the Middle East and Africa, and the remaining 0.8% in Eurasia.
The PSA share is part of the French CAC40 stock market index. It is listed in compartment A on Euronext Paris, in the automotive sector. The market capitalization of PSA is 19,552 million euros. The number of shares is 894 828 213.
A recent merger has enabled PSA to strengthen its production capacity and financial situation. Announcements of different programs and strategies of the group will impact PSA shares.
PSA continuously aims to modernize and invest in research and innovation to remain competitive. The evolution of the market for ecological and electric cars could influence PSA share prices.
As PSA is positioned as the No. 2 in Europe, the sales strategies of the leader Volkswagen and other direct competitors, such as Renault, could have an impact on PSA's share price.
The various measures to help finance the purchase of new vehicles by governments or banks may also have an impact on PSA's sales and share price.